Day: 28 July 2025

Amid global aid cuts, new water financing from multilateral development banks must go to the most vulnerable

Stuart Mitchell

At UN Development Conference in Seville, 10 Multilateral Development Banks publish a joint report on water security financing, delivering on the bold commitments made at the One Water Summit in Riyadh last year.  Luisa Galvao, WaterAid’s Advocacy Lead on International Financial Institutions, responds: “Amid mounting geopolitical tension and climate-driven water stress, this first-of-its-kind joint report on water security financing by Multilateral Development Banks (MDB) marks a pivotal moment. “The promise of increased MDB collaboration on water, though overdue, is a welcome step that can drive more effective, efficient and wide-reaching…

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New PSA from the Ad Council and NHTSA Highlights the Human Cost of Buzzed Driving

Stuart Mitchell

The Ad Council and the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) today announced the launch of a powerful new public service advertisement (PSA) aimed at preventing buzzed driving across the United States. The latest creative encourages responsible driving behavior at a time when 30% of traffic fatalities nationwide involve an alcohol-impaired driver. The new TV PSA, “Lost in a Flash,” highlights to viewers how avoiding buzzed driving contributes to collective well-being within communities and families. The creative is designed specifically to remind Hispanic male drivers ages…

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IPA publishes compendium exploring the evolution of UK marketing investment

Stuart Mitchell

In celebration of the 25th anniversary of the IPA Bellwether Report, the IPA has today released a special edition compendium, launched at the IPA Business Growth Conference. The publication provides an in-depth exploration of how the IPA Bellwether Report has captured the evolution of UK marketing investment over the past two-and-a-half decades, featuring expert insights, category-specific analyses and economic overviews. Highlights from the Bellwether at 25 compendium: 25 years of marketing evolution The Bellwether Report has become a valuable economic compass since its inception. Within the compendium IPA Director General…

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Climeworks raises USD 162M to scale up technology

Stuart Mitchell

Climeworks, the global pioneer in Direct Air Capture (DAC) technology and leading provider of holistic carbon removal portfolios, has achieved a significant milestone by securing USD 162 million in additional equity funding — marking the largest carbon removal investment of 2025 to date globally. This financing round underscores Climeworks’ commitment to scaling up and perfecting its cutting-edge technology to help significantly reduce the cost of carbon removals. This latest investment takes the company’s total funding since inception to over USD 1 billion, further solidifying its position as the industry leader.…

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Wesco Publishes 2025 Sustainability Report

Stuart Mitchell

Wesco International, a leading provider of business-to-business distribution, logistics services and supply chain solutions, issued its annual sustainability report recently. The report outlines Wesco’s key initiatives for advancing its environmental, social and governance (ESG) goals set in the 2021 report that include reducing scope 1 and 2 greenhouse gas (GHG) emissions by 30%, reducing landfill waste intensity by 15%, achieving a 15% reduction in total recordable incident rate (TRIR) and providing 425,000 hours of safety training and development to employees – all by 2030.  “Sustainability is a journey. This year…

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