Focus on Finance
Firms including Amazon to buy $180 million in carbon credits from namesake rainforest
By Jake Spring SAO PAULO (Reuters) -Amazon and other companies have agreed to buy carbon offset credits that will support the conservation of...
Companies ask world leaders at UN to follow through on renewables targets
Executives urge world leaders to triple renewable energy by 2030, reinforcing climate goals at U.N. Climate Week.
Singapore’s Temasek sets aside $77 million to support climate action initiatives
SINGAPORE – Singaporean state-owned investor Temasek said on Monday that it is setting aside S$100 million ($77.43 million) as a community gift to...
Brookfield raises $2.4 billion for climate fund backed by UAE
DUBAI – Brookfield Asset Management said on Monday it has raised $2.4 billion for the Catalytic Transition Fund (CTF), which is backed by...
White House touts $1bn fund to help auto suppliers retool for EVs
Investment firm Monroe Capital LLC said it plans to launch a fresh fund of up to $1 billion to provide loans for smaller...
For a week, New York will be center of money-focused fight for climate
Climate Week NYC and the UN General Assembly means climate negotiators and world leaders in Manhattan could set new agenda for the energy...
Analysis: US election uncertainty clouds UN climate finance progress
United Nations meetings this week could help countries negotiate on climate finance despite looming uncertainties from the US election.
ADB approves $500 million loan for Indonesia’s energy transition efforts
The ADB approved a $500M loan to support Indonesia's clean energy transition, reducing coal use and boosting renewables.
Scant green premium stalls over 450 low-carbon projects
High-emitting industries face financing struggles for 450+ low-carbon projects, needing $700 billion by 2030 to meet global decarbonization goals.
Vietnamese EV maker VinFast reports wider sequential gross loss
VinFast, which started delivering cars in California last year, reported a gross loss of $224 million in the April-to-June period.
