Blue Forest, a conservation finance non-profit, in partnership with World Resources Institute (WRI), USDA Forest Service (USFS), and National Forest Foundation (NFF), announced the successful completion of its pilot Forest Resilience Bond (FRB), marking five years since the project launched. In a conservation finance industry milestone, the Yuba I FRB returned all investor capital in line with expectations, financing restoration efforts on a 15,000 acre planning area on the Tahoe National Forest, which reduced the risk of catastrophic wildfire. As climate leaders gather today at COP28 to discuss how to…
Read MoreMonth: January 2024
U.S. Food Waste Pact Engages Businesses Across The Country To Target, Measure, And Act To Reduce Food Waste
Building on the success of the Pacific Coast Food Waste Commitment (PCFWC), nonprofit partners ReFED and World Wildlife Fund (WWF) recently announced the formation of the U.S. Food Waste Pact – a national voluntary agreement enabling pre-competitive collaboration and data-driven action to reach national and international food waste reduction targets, including United Nations Sustainable Development Goal 12.3. The U.S. Food Waste Pact is designed to go beyond commitment setting to drive meaningful progress on food waste reduction, as well as serve as a connective fabric to support other national and…
Read MoreInnovate UK invests over £25m in net zero projects
Innovate UK’s Net Zero Living programme launches UK-wide package of funding and guidance to help accelerate net zero in regions and local communities. A £25 million package of support from innovation agency Innovate UK will help local authorities across the UK: tackle the barriers to climate action projects speed up their progress to net zero share expertise unlock investment opportunities worth up to £500 billon As part of Innovate UK’s Net Zero Living programme, seven local authorities will each receive Innovate UK funding of between £2 million and £5 million…
Read MoreGCF and UNEP partner to protect mangroves and coastal ecosystems in Dominica and Mozambique
The Green Climate Fund (GCF) and the United Nations Environment Programme (UNEP) will boost support for global mangrove protection with the announcement of two mangrove conservation and coastal management projects in Dominica and Mozambique. Coastal communities in Dominica and Mozambique are vulnerable to the impacts of climate change, particularly intense tropical storms. Mangroves, often overlooked and underappreciated, can play a crucial role as ‘green infrastructure’ and in integrated ecosystem-based approaches to coastal protection. More than a haven for diverse marine life, mangroves are powerful allies to increase the climate resilience…
Read MoreRES wins Best Innovation Award – Software and Services at Scottish Green Energy Awards
RES scooped the prize for Best Innovation – Software and Services, sponsored by SLR at the prestigious Scottish Green Energy Awards. In December 2022, the company acquired Anemo Analytics, an innovative technology and engineering company offering sophisticated wind turbine analytics solutions that enable improved monitoring and optimisation of assets. Bringing together industry experts, the team has diligently worked on developing solutions for wind and solar assets. These solutions provide customers with even more sophisticated diagnostics, more accurate decision-making processes, support for more predictive maintenance, and result in better Annual Energy…
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