Bill Gates fund leads $24m investment in Electric Hydrogen

The company, founded by a team of energy transition veterans from Tesla and First Solar, is developing large-scale hydrogen solutions to help ease global dependence on fossil fuels

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

HSBC plans to phase out coal financing by 2040

Its resolution, which will need the support of 75% of shareholders, includes a commitment to set a clear, science-based strategy with short and medium term targets

‘Businesses want to decarbonise, but in many cases can’t access the capital needed to do so’

That’s the suggestion from Bill Rees, Commercial Director at Centrica Business Solutions, who told future Net Zero about how financial challenges on the road to net zero can best be overcome

‘Businesses are increasingly aware that cutting emissions and saving money go hand-in-hand’

That’s the suggestion from John Hartley, Director of Product Management at Centrica Business Solutions, who told us about the importance of a successful decarbonisation strategy to thrive in the lead-up towards 2050

Robeco extends fossil fuel exclusion policy to cover €144bn of assets

The rule, which will take effect at the end of 2020, expands on the firm’s previous thermal coal exclusion policy

Morgan Stanley commits to net zero financed emissions by 2050

The bank, which financed nearly $11 billion in fossil fuel expansion in 2019 alone, has not elaborated on its plans to reach the target

RBS to stop lending to coal, oil and gas firms ‘without credible climate plan’

The group has also pledged to fully phase out coal financing by 2030

Swedish firm Wallenstam lent £200m for nearly-zero energy buildings

The financing agreement follows the ground-breaking of the ‘Väven’ project yesterday, which will consist of 116 energy efficient rental homes

New $30m loan to support business energy efficiency in Egypt

They will cover investments in technologies such as thermal insulation, solar panels, geothermal heat pumps and water-efficient irrigation systems