Barclays’ recent report projects that data-centre usage will likely triple due to the rapid AI growth by 2030. The firm’s estimates are notably higher than the current sustainable consensus, raising questions about the potential implications of AI development for global efforts to reduce greenhouse gas emissions.
Malaysia’s clean energy solutions provider Gentari has teamed up with the local bank CIMB Group Holdings Berhad to promote green mobility and decarbonise the value chain across the ASEAN region.
Wells Fargo & Co., one of the largest financial institutions in the United States, has announced that it is leaving the world’s largest banking climate alliance.
As the new year approaches, many of us are already coming up with 2025 resolutions. However, statistically, more than 90% will fail to fulfil them either entirely or partially. Almost half have already quit by the end of January. Lack of motivation and challenges faced on the way to one’s dreams are often insurmountable obstacles. […]
Marathon Digital Holdings (MARA), a major Bitcoin mining company, acquired a 114-megawatt wind farm in Hansford County, Texas.
La Banque Postale, collaborating with WWF France, has become the first traditional bank in France to introduce an impact credit card aimed at supporting energy renovations for sustainability-focused homeowners.
TD Bank, in collaboration with Mastercard Priceless Planet Coalition, has introduced a standout initiative allowing MBNA cardholders to support reforestation efforts in Canada.
Amazon is developing three large wind farms in Greece, its biggest renewable energy initiative in the country.
The International Finance Corporation (IFC) has scaled up its climate financing in Vietnam, to strengthen private sector resilience and green economic growth.
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.
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 lowered its expectations for cutting emissions in its corporate lending portfolio.
Sustainable funds saw inflows of $20 billion in the first half of 2024, with assets rising to $3.5 trillion.
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 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 […]
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.
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