The Network for Greening the Financial System (NGFS) has launched its inaugural set of short-term climate scenarios, offering a groundbreaking tool for financial institutions, policymakers, and investors to understand the potential economic and financial disruptions caused by climate shocks through 2030. Developed in partners...
Coal India’s $3B Green Energy Shift: 4.5 GW Solar and Wind Projects to Power Green Ammonia Plants
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Decarbonization
Coal India Ltd. is making a major move toward clean energy with an investment of ₹250 billion (~$3 billion) to deploy 4.5 GW of renewable energy, primarily from solar and wind. This shift is part of the company’s broader strategy to help India meet its ambitious green energy targets while supporting industrial growth. The ren...
EMSTEEL Launches Green Finance Framework to Drive Low-Carbon Transition
EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, has launched its inaugural Green Finance Framework, setting the stage for sustainable financing aligned with its net-zero ambitions. The framework enables the company and its subsidiaries to issue a variety of green financial in...
Holcim Unveils Carbon Negative Concrete with Biochar Technology
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Decarbonization
Holcim, in collaboration with award-winning architect Alejandro Aravena and his firm ELEMENTAL, has introduced a pioneering biochar-based concrete mix aimed at turning buildings into long-term carbon sinks. The breakthrough technology, which debuted at the 2025 Architecture Biennale in Venice, actively captures and stores carbon...
NYK Line Pioneers Maritime Carbon Removal with Climeworks Partnership
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Decarbonization
NYK Line has become the first Japanese company to invest in carbon dioxide removal (CDR) credits, purchasing a portfolio from Swiss climate tech leader Climeworks. This groundbreaking move is part of NYK’s broader net-zero roadmap, aiming for a 2050 target while addressing hard-to-abate Scope 1 emissions...
Mirova and FSC Join Forces to Finance Forests as Climate Shields: “Forests are a frontline defence”
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Decarbonization
In a bold move to combat tropical deforestation and drive inclusive, nature-based climate solutions, Mirova—the sustainable investment affiliate of Natixis Investment Managers—has partnered with the Forest Stewardship Council (FSC) through a strategic Memorandum of Understanding (MoU). The collaboration aims to de...