The Netherlands is injecting €639 million into the Aramis carbon capture and storage (CCS) project to ensure its progress after Shell and TotalEnergies withdrew funding for the pipeline infrastructure. While both companies will continue to support the development of the CO₂ storage facilities, their exit reflects a broader trend...
Dublin Named Global Hub for Sustainable Finance with €7.5M UNDP Project Office
Ireland has partnered with the United Nations Development Programme (UNDP) to establish a new global Project Office for Sustainable Finance in Dublin, supported by a €7.5 million investment from the Irish Government over the 2025–2027 period. Unveiled during the World Bank/IMF Spring Meetings in Washington, D.C., the Dublin-b...
SEBI Strengthens ESG Rating Framework for Enhanced Transparency Under Subscriber-Pays Model
The Securities and Exchange Board of India (SEBI) has revised its regulatory framework for Environmental, Social, and Governance (ESG) Rating Providers (ERPs), particularly those operating under a subscriber-pays business model. These amendments aim to enhance transparency, accountability, and consistency in the ESG ra...
Global CEOs Demand Fast-Track to Renewable Energy or Threaten to Relocate Operations
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A powerful new report reveals near-unanimous support among global business leaders for a rapid transition to renewable electricity, as companies warn of operational relocations and lost competitiveness if access to clean energy remains limited. According to Powering Up: Business Perspectives on Shifting to Renewable Elec...
EU Approves €3.26B for France’s Green and Digital Reforms
The European Commission has approved a €3.26 billion payment to France under the EU’s Recovery and Resilience Facility (RRF), confirming that the country has met all required milestones for this fourth installment of funding. “France has fulfilled the milestones and targets required for this payment, financed under the Recove...
EU Proposes Simpler Green Finance Standard to Empower SMEs
The EU’s Platform on Sustainable Finance (PSF) has introduced a voluntary “SME sustainable finance standard” aimed at helping small and medium-sized enterprises (SMEs) access sustainable financing more easily. SMEs generate over 50% of the EU’s GDP and account for more than 63% of enterprise-related emissions but often strugg...