India-anchored ESG intelligence
EU Parliament and Council negotiators reached a provisional agreement on the Nature Restoration Law, setting a target to restore at least 20% of the EU's land and sea by 2030 and all ecosystems needin…
16 Nov 2023
The Middle East and North Africa region is well-positioned to become a global leader in green iron and steel production by leveraging its existing direct reduced iron technology base alongside abundan…
16 Nov 2023
Geothermal Engineering Limited found geothermal fluid at its Cornwall United Downs site containing roughly 340 ppm of lithium, enabling production of the UK's first commercially significant carbon-neu…
15 Nov 2023
UK government incentives for carbon capture and storage are disproportionately channelled toward blue hydrogen projects, deepening long-term reliance on fossil gas rather than decarbonising the power …
15 Nov 2023
IEEFA has submitted comments to the US Federal Energy Regulatory Commission opposing the CP2 LNG and CP Express projects, arguing they would worsen an impending global LNG market oversupply and do not…
15 Nov 2023
ExxonMobil has begun drilling its first lithium well in Arkansas's Smackover formation, aiming to become a leading EV battery supplier by 2030 using direct lithium extraction. The entry of a major oil…
14 Nov 2023
Finnish state-owned energy utility Fortum has recorded €5.8 billion in accounting losses from its investment in German utility Uniper, which it sold to the German government in September 2022. IEEFA a…
13 Nov 2023
Niron Magnetics secured $33 million in additional funding from GM Ventures, Stellantis Ventures and other investors to scale its rare earth-free Clean Earth Magnet technology. The investment signals a…
12 Nov 2023
BlackRock will invest $550 million on behalf of clients in a joint venture with Occidental to develop STRATOS, the world's largest direct air capture facility in Texas, designed to capture 500,000 ton…
9 Nov 2023
The US General Services Administration announced a $2 billion investment in over 150 construction projects prioritising low-embodied-carbon asphalt, concrete, glass and steel, funded through the Infla…
8 Nov 2023
Southwest Airlines signed a 20-year agreement with USA BioEnergy to purchase up to 680 million gallons of sustainable aviation fuel, with procurement beginning as early as 2028. The scale of the commi…
6 Nov 2023
IEEFA has submitted evidence to Australia's Senate Standing Committees on Environment and Communications for their inquiry into the Middle Arm Industrial Precinct in the Northern Territory, drawing on…
6 Nov 2023
Google partnered with Drawdown Labs, an initiative of Project Drawdown, to launch a publicly available sustainability marketing guide aimed at normalising eco-friendly behaviour in advertising. The op…
5 Nov 2023
Energy Exemplar, a global energy market simulation software provider serving over 500 clients in 79 countries, agreed to be acquired by private equity funds tied to Blackstone and Vista Equity Partner…
4 Nov 2023
IEEFA analysis finds that transitioning residential gas appliances to electric alternatives at end of life from 2025 is the most cost-effective strategy for Victoria to address looming gas supply shor…
4 Nov 2023
The UNEP Adaptation Gap Report 2023 found developing countries' adaptation finance needs are 10-18 times larger than international public finance flows, putting the annual gap at US$194-366 billion, o…
3 Nov 2023
IEEFA has released a report arguing that the Middle East and North Africa region could become a global leader in green steel and the emerging green iron trade if it channels its solar energy resources…
2 Nov 2023
Apple, Amazon, Meta, Nike, PepsiCo and REI Co-op backed the Clean Energy Procurement Academy, a Clean Energy Buyers Institute initiative to equip supply-chain companies to procure renewable energy. Th…
31 Oct 2023
India's photovoltaic module exports to the United States — which grew 16 times in value between FY2022 and FY2023 — are likely to stagnate from 2025 and decline from 2027 as domestic US manufacturing …
30 Oct 2023
S&P Global Market Intelligence and Oliver Wyman expanded their Climate Credit Analytics solution to incorporate climate-related physical risks alongside transition risk scenarios. As Indian financial …
29 Oct 2023
Eavor Technologies secured $182 million in funding led by OMV AG to accelerate its closed-loop geothermal technology. Such investment in dispatchable clean baseload power signals options relevant to I…
29 Oct 2023
Bloomberg and Riskthinking.AI launched physical risk indicators covering all IPCC-validated climate scenarios on the Bloomberg Terminal. These tools help investors assess company exposure to floods, d…
26 Oct 2023
STEAG's commitment to phase out German hard coal power generation by mid-2026 is under threat following its sale to private equity investor Asterion Industrial Partners, with IEEFA estimating the new …
26 Oct 2023
India could reduce its liquefied natural gas import bill by approximately US$29 billion between FY2025 and FY2030 by incrementally replacing 20% of natural gas consumption with biogas and biomethane, …
26 Oct 2023
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