climate
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...
climate
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...
climate
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...
climate
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....
climate
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...
climate
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...
climate
ChatGPT’s growing energy consumption raises environmental concerns
The rapid expansion of AI technologies, particularly large language models like ChatGPT, is contributing to a significant increase in global electricity consumption. According to...
climate
Carbon capture utilisation faces cost challenges despite role in decarbonisation
A recent report by Wood Mackenzie highlights the importance of Carbon Capture Utilisation and Storage (CCUS) in global efforts to reach net-zero emissions by...