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Oesterreichische Kontrollbank AG Sustainable development bank Oesterreichische Kontrollbank (OeKB) or Austrian Control Bank is a special-purpose financial institution owned by Austrias main banks. Today, its products support the energy transition by using feedstock and used cooking oil to decarbonize fuel.
Alternative asset and private equity investor KKR and Spanish bank BBVA announced the formation of a new strategic partnership, targeting climate solutions and climate infrastructure-related investments aimed at supporting the decarbonization of the real economy.
The ensuing conversations — and, no doubt, many more to come — are a continuation of the learning journey I’ve been on for the past few years, seeking to understand the role of the financial sector in advancing sustainability solutions and a clean, decarbonized economy. That’s the realm of banks and other financial institutions. "OK,
The 2023 Budget demonstrates Canada’s strong leadership in leveraging policy, programs and the tax system to accelerate decarbonization while supporting a strong economy, with new investment certainty for solar energy, wind energy, energy storage and green hydrogen,” said Brandy Giannetta, CanREA’s Vice-President of Policy and Government Affairs.
Members of the MSCI All Country World Index (ACWI), a global equity index, derive just 30% of their earnings from products or services aligned with the Corporate Knights Clean Taxonomy, while 47% of the Global 100 do so (up from 41% last year). 19 Evoqua Water Technologies Corp United States of America SBTi B+. C, SBTi A+. C, SBTi A.
Canada unveiled its response to the emerging global race to scale up green energy and clean tech manufacturing capacity, with proposals for over $60 billion in tax credits and an additional $20 billion in sustainable infrastructure investments in its 2023 budget, presented by Deputy Prime Minister and Minister of Finance, Chrystia Freeland.
Logistics giant DHL Express announced today a new strategic partnership with UK-based international bank Standard Chartered to co-invest in Sustainable Aviation Fuel (SAF) through DHL’s GoGreen Plus service, enabling Standard Chartered to balance its upstream logistics emissions with carbon credits.
The double-edged sword of shipping: Balancing growth with environmental responsibility Healthy oceans are the foundation for Indonesia's thriving fisheries and tourism industries, vital sources of income for millions (World Bank, 2020). The Bali Clean Energy Initiative (BCEI) exemplifies this commitment. Herein lies the opportunity.
ITCs will propel renewables forward The ITC I am watching most closely is the 30% CleanTechnology Investment Tax Credit, a refundable 30% tax credit on the capital cost of investments made by taxable entities in wind, solar PV and energy-storage technologies.
“It’s an industry you can’t put on the internet; we will need shipping in the years to come, which means we have to ensure it is sustainable in the long term,” says Stephen Fewster, Global Head of Shipping Finance at Amsterdam-headquartered ING Bank. . Regulatory anchor .
has signalled its €33 billion infrastructure investment plans across Europe for the coming four years, positioning itself as a key player in the continent’s clean energy transition. A Net Zero Europe Platform will also be set up to help member states establish new industrial partnerships focused on decarbonization.
The European Commission announced the launch of its Action Plan on Steel and Metals, outlining a broad range of initiatives aimed at protecting and strengthening the industrys competitiveness, and supporting its decarbonization.
HSBC revealed today a series of major changes to its climate goals, including a decision to push back its 2030 target to achieve net zero emissions in its operations and supply chain by 20 years, citing the slower pace of the transition across the real economy, in areas including climate technology, energy transition, and government policy.
billion in decarbonizationtechnology and clean hydrogen projects, utilizing funds raised through its EU Emissions Trading System (EU ETS). billion for net zero technologies, including €1 billion targeted specifically to electric vehicle battery cell manufacturing, and a further allocation of €1.2
Before October 7, Israel was seen as a growing hub for cleantechnologies like water recycling, ultra-efficient irrigation, and green hydrogen; it had planned to send 1,000 people , including representatives of 100 companies, to COP28. In the Holy Land, water is political in a way that most Westerners would not recognize.
billion for 500,000 EV charging stations, and $5 billion for decarbonizing school buses across the country. It does not, however, invest in the development and manufacturing of the technologies of the future or compensate for the historic underinvestment in traditionally marginalized communities.
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