Focus on Finance
Top EU countries spend $45 billion subsidizing fossil-fuel company cars, study says
The EU's five biggest members spend 42 billion euros annually subsidizing fossil-fuel company cars, according to a recent study.
Emerging economies driving clean energy innovation: what can we learn?
An IEA report highlights the critical role of emerging and developing economies in driving global clean energy innovation.
Embraer’s Eve gets $88 million BNDES loan to build first plant
Eve is among the startups creating electrical vertical take-off and landing (eVTOL) aircraft to ferry travelers on short city trips, bypassing traffic.
EV chipmaker Wolfspeed set to receive $750 million US chips grant
Wolfspeed, which has clients including GM and Mercedes, makes silicon carbide chips for efficiently transmitting EV battery power to motors.
Can biodiversity credits unlock billions for nature?
For supporters, biodiversity credits could unlock billions in much-needed funding for nature, but critics fear a repeat of scandals that have dogged other...
Moody’s downgrades Volkswagen outlook to ‘negative’ due to operating weakness
Moody's cuts Volkswagen's outlook to "negative" citing weak performance, low volume growth, and restructuring challenges ahead.
Northvolt: Cash-strapped EV-battery maker in talks for 200 million euros in funding
Northvolt announced job cuts, raising fears that Europe's top EV battery hope may falter amid low demand and Chinese competition.
UAW chief slams Trump over threat to revoke EV investments
UAW President warns hundreds of thousands of U.S. jobs are at risk if Trump revokes the Inflation Reduction Act's EV investments.
Canada moves ahead with sustainable investing guidelines, but details still scarce
Canada's government is rolling out green taxonomies, meant to attract more investment for emissions-reducing projects.
Form Energy secures $405M to speed development of long-awaited 100-hour iron-air batteries
Form Energy secures $405 million in funding to scale production of its iron-air batteries, a long-duration storage solution for clean energy.
