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AIIB Climate Finance Surges to 67% in 2024, Surpassing 2025 Target
AIIB boosts climate-focused financing in 2024, surpassing targets with strong investments in clean energy and resilient infrastructure.
Net-Zero Banking Alliance Pauses Activities as Members Vote on New Framework
Global banking alliance halts work as members decide on shift to new framework guiding net-zero commitments.
IREDA Signs MoU With MNRE, Sets $984M Revenue Target for FY26
IREDA signs MoU with MNRE to boost renewable financing, targets higher revenue and growth across emerging clean energy sectors.
Macquarie Raises $405M for Vertelo to Boost India EV Transition
Macquarie secures $405 million for Vertelo to accelerate India’s electric vehicle adoption and charging infrastructure growth.
Banks Urged to Set Nature Impact Targets Amid Rising Biodiversity Risks: UNEP
UNEP report urges banks to adopt biodiversity targets, highlighting rising climate-related risks across global portfolios.
Masdar Deploys $1.7B in Green Bond Proceeds to Clean Energy Projects
Masdar channels $1.7 billion in green bond proceeds into global renewable projects, cutting millions of tonnes in emissions.
EU Farmers Lose $32.7B a Year as Methane Policy Gaps Block Green Transition
EU report warns farming loses billions to climate shocks as methane policy gaps stall green transition financing.
Liquidity, Transparency Remain Weak Links in Carbon Markets: CFA Institute
Carbon trading expands globally, but weak liquidity and opaque data hinder growth, says CFA Institute report.
J.P. Morgan Funds Chestnut Carbon in Landmark $210M Carbon Removal Deal
J.P. Morgan funds Chestnut Carbon’s $210 million project finance deal, boosting afforestation and voluntary carbon market growth.
Temasek Trust Arm Leads $11.6M Round in Equatic to Boost Carbon Removal
Temasek Trust’s C3H backs Equatic’s seawater electrolysis to scale carbon removal and carbon-negative hydrogen production.
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