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To boost competitiveness, Europe proposes slashing key climate rules

Corporate Knights

RELATED Canadian investors stand firm on ESG despite greenhushing trend, report finds The anti-DEI movement confronts an unlikely opponent: big banks Meet the four most sustainable funds on the market for 2025 Deadlines to submit reports starting in 2026 will be pushed back to 2028.

Net Zero 147
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Squaring the circle: Making sense of the UK Industrial Strategy

Envirotec Magazine

While reservations on that front were apparent from many of the expected quarters – and the document evinces a confidence in net zero as a route to cheaper energy that seems at increasing variance with much of the wider world – there were also misgivings from some in the sustainability sphere about its fairness.

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Seven sustainable finance predictions for 2025

Corporate Knights

Aconsequence of this pushback came on New Years Eve, when global financial behemoths Bank of America and Citigroup left the Net-Zero Banking Alliance, one of the investment industry climate coalitions championed by the United Nations. billion, with the United States registering net outflows.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey Sustainabilty

percent for 2028 to 2030, based on ETS directive, “Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a M9 system for the greenhouse gas emission allowance trading within the M9 Union and amending Council Directive 96/61/EC,” European Union, March 1, 2024. percent, dropping to around 0.8

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Modi's ambitious water scheme fails to quench India's thirst

Eco-Business

The cost of the JJM has already more than doubled, according to media reports , and the government in February extended the deadline to 2028. The JJM has also come under scrutiny by local officials.

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Philippines bets on natural gas to accelerate renewable energy

Eco-Business

The exploration efforts of Philippine petroleum company PXP Energy Corp, in Reed Bank, a resource-rich area in the West Philippine Sea, have been stalled for years due to a maritime dispute with China, which claims the area as its own. “ More than 150 wells were drilled in the Philippines in the 1970s, but none have been since 2019, she said.

Waste 10
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“Insufficient” Action from Banks to Meet Climate Targets

Chris Hall

Lenders are urged to end fossil fuel expansion and convert targets into “meaningful commitments” as US banks fall behind international peers. Action by banks to reach net zero emissions and meet climate goals is “insufficient”, according to two reports which also highlight significant gaps in the policies guiding the sector’s transition.

Banking 72