Retailers Are Top Green Investors in US
Retailers have emerged as unexpected leaders in green investments among different U.S. industries, contributing almost $33.6 billion in green technology or clean energy in Q2 of 2024.
environment
90% Payment Cards to Be Sustainable by 2029
It is expected that in mere five years, most of the payment cards issued by global payment providers will be made of sustainable materials such as recycled or bio-sourced PVC, recycled metal, and sustainably sourced wood.
Morgan Stanley Lowers Climate Target
Morgan Stanley lowered its expectations for cutting emissions in its corporate lending portfolio.
Sustainable Funds Outperform Traditional Ones in H1 2024
Sustainable funds saw inflows of $20 billion in the first half of 2024, with assets rising to $3.5 trillion.
China Pledges Support for Green Finance
Last Tuesday, August 27, the Chinese government released a set of guidelines to ensure support for its largest economic zone through multi-level capital markets.
DBS Leverages PBOC’s Carbon Emission Reduction Facility to Issue RMB 500M Green Loan
The green loan provided by DBS will help Envision Energy develop a 100-megawatt wind turbine farm in the Henan province in northeastern China.
The Rise of Ethical Finance in Fintech Sector
The fintech industry is currently experiencing substantial shifts as it adopts sustainability and ethical standards. This emerging trend, often referred to as green fintech, is revolutionizing financial services by incorporating practices and technologies designed to address critical environmental and social challenges. By leveraging innovative solutions and cutting-edge technologies, green fintech aims to promote a more […]
Net Zero Gold: Challenges & Opportunities
While not being the most carbon-intensive production in the world, gold mining is still responsible for around 0.3% of annual global emissions. The transition to net zero is challenging due to the nature of the complex mining process and other factors, but it also may be truly rewarding if all opportunities are considered.
Blockchain Exchange Net Zero-X Launches to Tackle Financing Gap for Climate Projects
Singapore-based blockchain exchange for impact investors Net Zero-X aims to support financing vetted green, clean, and climate tech projects.
Reduce, Reuse, Recycle: AI Edition
Our planet is flooded by myriads of human-made objects and items that end up in landfill everyday and take hundreds of years to decompose. To tackle this issue, the world needs a collective effort. Yet, somehow, numerous legal, business, and individual initiatives have so far failed to make the circular economy a reality worldwide. Perhaps, […]
Google & BlackRock to Develop New Solar Capacity in Taiwan
The 1-gigawatt pipeline of a new solar facility in Taiwan, co-developed by Google and BlackRock, can boost energy capacity and cut carbon emissions amid the artificial intelligence boom.
Samsara Eco Raises $65M Funding Round to Expand Its Plastic-Eating Enzymes
Samsara Eco proprietary technology uses enzymes to disaggregate plastic waste into raw materials, which can eventually be transformed into the foundation for new products.
IFC and EPIC Group Partner to Support Sustainable Textile Manufacturing in Bangladesh and India
The International Finance Corporation (IFC) partnered with EPIC Group, a leading player in the global apparel industry and a sustainable fashion company, to help finance its green capital expenditure program and support sustainable textile facility expansion in Bangladesh and India.
Companies See Sustainability as Value Creation Opportunity: Report
A new Morgan Stanley report revealed that 85% of corporate decision-makers believe sustainability is either primarily (53%) or partly (32%) a value creation opportunity.
Marathon Digital to Enhance Kenya’s Energy Sector Transformation
Bitcoin mining giant Marathon Digital Holdings will support energy utilization and optimize renewable energy projects across Kenya
REDEX & TNBX to Support Malaysia Green Attribute Trading System (mGATS) Platform
REDEX will form an exclusive partnership with TNBX to support the development of the Malaysia Green Attribute Trading System (mGATS) into the digital trading platform for Malaysia Renewable Energy Certificates (mRECs).
Breaking News
© 2024 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.