Citi pledges $1tn to sustainable finance by 2030

It intends to finance and facilitate a wide array of climate solutions, including renewable energy, clean technology, water conservation, green buildings and sustainable agriculture and land use

‘World’s first’ pure play clean hydrogen investment fund launched

FiveT Hydrogen will be dedicated to delivering clean hydrogen infrastructure projects at scale and will focus solely on ventures to produce, store and distribute clean hydrogen

‘Whoever leads the green economy will lead the world’

Global study shows overwhelming backing for green energy and the adoption of EVs

Bitcoin mining ‘could threaten China’s climate targets’

By 2024, Chinese bitcoin mining could generate a carbon output exceeding the total annual greenhouse gas emissions of the Czech Republic and Qatar

EBRD to help Kazakhstan’s power sector achieve carbon neutrality by 2060

They will work together on the development of renewable energy and the carbon market, the enhancement of the electrical grid and the decommissioning of old thermal capacity, among other things

PayPal commits to net zero emissions by 2040

It aims to use 100% renewable energy sources to power its data centres by 2023

Insurance firm Marine Agency commits to becoming climate-neutral

It is working in collaboration with Climate Neutral, a non-profit organisation that helps companies achieve carbon-neutral status by measuring, offsetting and reducing emissions

Aviva launches climate transition fund for workplace pension schemes

The fund will target companies offering goods and services that are providing solutions for climate change mitigation and adaptation, as well as invest in companies that are aligning their business models to be resilient in a low carbon world

‘Impacts of global warming will cost trillions more than the measures needed for net zero’

Economists from around the world reveal damages of climate inaction will reach roughly $30tn per year by 2075 if current warming trends continue

One in three of the UK’s biggest businesses commit to net zero

The government is calling on more companies to ‘step up, follow suit and pledge to join the fight against climate change’