Author: Stuart Mitchell

Siemens Mobility completes first test runs with hydrogen train in Bavaria

Stuart Mitchell

Siemens Mobility has completed the first test runs with the Mireo Plus H hydrogen-powered train in Bavaria. The two-car trainset will enter passenger service in mid-2024 on routes between Augsburg and Füssen and Augsburg and Peissenberg on the rail network of Bayerische Regiobahn (BRB). Pilot operations of the train are planned for 30 months and are supported by the State of Bavaria. Siemens Mobility and Bavaria signed the corresponding development partnership in 2021. Karl Blaim, Managing Director and CFO of Siemens Mobility: “Partnering with the State of Bavaria, we have…

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HSBC plans climate tech funding push

Stuart Mitchell

HSBC have announced that it plans to make available $1bn of financing to early-stage climate tech companies around the world. The financing is expected to support start-ups to create a range of new solutions, including EV charging, battery storage, sustainable food and agriculture, and carbon removal technologies. This announcement also follows the launch of HSBC Innovation Banking1 and of HSBC Asset Management’s Climate Tech Venture Capital strategy.2 Barry O’Byrne, CEO of Global Commercial Banking at HSBC said: “Access to finance is critical for early-stage climate tech companies to create and…

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Clear solution pathways show that the UN Sustainable Development Goals can be achieved by their 2030 deadline despite their rising costs, Force4good research finds

Stuart Mitchell

With only seven years remaining to their 2030 deadline, meeting the UN Sustainable Development Goals will require a global effort to mobilize capital, resources and stakeholders on a scale never seen before, the latest Capital as a Force for Good annual report finds. However, there are range of existing solutions being deployed across the public and private sectors that have the potential to substantially deliver the SDGs. Policy solutions play a critical role, with the potential to achieve nearly a third of the underlying SDG targets, while public and private…

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IMPACT+ Launches Scalable Platform to Drive Carbon Emission Reduction Strategies Alongside Performance Across Entire Digital Advertising Spend

Stuart Mitchell

IMPACT+, the pioneer in measuring the carbon footprint of digital advertising campaigns, has announced the launch of its scalable ESP (Environmental Sustainability Platform). ESP enables brands and agencies at any stage of their emission reduction journey to monitor digital advertising campaigns, across social, programmatic and direct sold, and identify levers to apply without affecting campaign performance. The new platform simplifies the challenge of data collection, through direct integrations with major social platforms, DSPs and ad servers. The need for marketers to prioritise media performance, alongside a lack of knowledge of…

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OnePlanetCapital supports Renew Risk, a clean-energy risk analytics SaaS startup, in seed funding round

Stuart Mitchell

Renew Risk, a London-based clean-energy risk analytics SaaS startup, raises £1.7M seed funding to improve the financing, planning and insurance for renewable energy assets. The funding round is led by strategic investor Insurtech Gateway with participation from ClimateTech fund OnePlanetCapital, the University of Surrey, and super angels Chris Adelsbach and Rahul Munjal. As the world transitions towards green energy, the next 10 years will see exponential growth in the offshore wind industry – expected to be a $1T industry by 2040. This growth requires massive institutional investment yet the associated risks…

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