The European Commission has released its long-awaited assessment of the final updated National Energy and Climate Plans (NECPs) submitted by 24 Member States. While the final plans reflect progress compared to earlier drafts, they still fall short of being the full set of investment and implementation tools needed to meet Europe’s 2030 climate goals. “Despite some general improvement, the final NECPs still fall short as credible investment plans that can accelerate the deployment of clean energy technologies,” said Alejandra Muñoz Castañer, Senior Government Affairs Manager for Europe at CATF. “Member States must…
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CARBIOS signs its first biorecycled PET sales contracts with two global cosmetics leaders
CARBIOS, a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, announces the signature of its first multi-year offtake contracts with L’ORÉAL and L’Occitane en Provence for biorecycled r-PET from its future commercial plant in Longlaville. These commercial contracts confirm the demand from global leading brands for recycled and recyclable PET from enzymatic recycling, which enables them to meet both their circularity and quality objectives for their packaging. With the signing of these contracts, CARBIOS has moved forward in the execution…
Read MoreData Center Market Breakdown: Sustainability Trends and Outlook
Data centers stand at the epicenter of today’s digital revolution. Fueled by advancements in artificial intelligence, cloud computing, and global connectivity, data center development has surged to meet unprecedented demand. But with rapid growth comes an equally urgent responsibility: ensuring that these mission-critical facilities are not only powerful and scalable, but also resilient and sustainable. With global investments in data infrastructure projected to reach $1 trillion by 2027, the stakes have never been higher. As data centers become increasingly essential to the functioning of modern life, industry leaders are rethinking…
Read MoreRevenues for nature announces global effort to unlock private sector finance for nature restoration and conservation
Following global attention on the urgent need for biodiversity protection during last week’s Biodiversity Day, the Revenues for Nature (R4N) project announces it will be supporting an initial seven models globally designed to unlock up to $200 million investment into nature restoration and conservation. Through working with partners and governments, R4N, aims to demonstrate the replicability and scaling of models and mechanisms that unlock private sector investment, such as mitigation banking, payments for ecosystem services, commodity supply chain financing and more. Achieving global nature goals requires an additional $200 billion…
Read MoreOctopus supercharges social housing with new ‘Tenant Power’ tariff
Octopus Energy, the UK’s biggest energy supplier, is shaking things up with ‘Tenant Power’ – a brand-new tariff designed to help social housing tenants save money while encouraging landlords to go green. The game-changing new tariff gives tenants in social, affordable and shared ownership housing a discount on their energy bills of up to £200 per year compared to a standard variable tariff* (depending on the number of solar panels and the size of the battery). ‘Tenant Power’ also benefits social housing landlords, like housing associations, who get paid for…
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