climate

Hurricane Milton causes devastation across Florida, loss reaches $50 bn

Hurricane Milton, a Category 3 storm, wreaked havoc across Florida on Thursday, killing at least 10 people and leaving millions without power. According to a...

Unilever partners with retail giants to cut emissions and boost sustainability

Unilever, the consumer goods giant with revenues of nearly €60 billion, will partner with its top 10 retail customers to reduce greenhouse gas emissions...

TPG Rise Climate secures $1.25 bn for global south climate investment initiative

TPG Rise Climate, the climate-focused investment arm of TPG’s impact investing platform, has secured $1.25 billion in initial capital for its Global South Initiative...

WMO report confirms Ozone Layer on track for recovery

New evidence from the World Meteorological Organization’s (WMO) annual Ozone and UV Bulletin, published on Monday, shows that the ozone layer is on track...

ILO warns half the world lacks social protection as climate crisis grows

A new report from the International Labour Organization (ILO) highlights a grim reality: half of the global population is without social protection, and those...

UN unveils principles to accelerate renewable energy transition

The United Nations Secretary-General’s Panel on Critical Energy Transition Minerals has introduced seven voluntary guiding principles to accelerate the global race for renewable energy....

Aiga Capital closes $240 mn climate infrastructure fund

Aiga Capital Partners has closed its climate infrastructure fund, securing over $240 million in capital commitments from seven limited partners, including pension funds, family...

Data center boom to drive 2.5 bn metric tons of CO2 emissions

A surge in the construction of data centers worldwide is projected to result in approximately 2.5 billion metric tons of carbon dioxide-equivalent emissions by...