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The Rockefeller Foundation Commits USD 100 Million To Test and Scale Climate and Health Solutions Globally

Stuart Mitchell

The Rockefeller Foundation is announcing a USD 100 million commitment to address the health impacts of climate change. Joining 40 multilateral development banks, governments, philanthropies, and civil society organizations, the Foundation also endorsed the Guiding Principles for Financing Climate and Health Solutions, launched today at the World Climate Action Summit, to accelerate investments in and policy development on climate-health solutions that increase country ownership, accessibility, and long-term impact. “Health is the human face of climate change, and Health Day at COP28 is a historic moment for health and climate leaders…

Octopus Energy partners with Idris Elba and Siaka Stevens’ Sherbro Alliance Partners to develop Sierra Leone’s first wind farm on Sherbro Island

Stuart Mitchell

Octopus Energy’s generation arm has entered into a milestone partnership with Idris Elba and Siaka Stevens’ development company, Sherbro Alliance Partners (SAP), to build Sierra Leone’s first wind farm as part of the Sherbro Island City project. Announced at COP28, the collaboration and project will help accelerate the country’s monumental renewables opportunity and collect vital data to foster greater investment into green energy on Sherbro Island, across Sierra Leone and beyond. The deal will see Octopus build a first-of-its-kind renewables project for the country in 2024, with the potential to…

IFC and Allied Climate Partners Announce Collaboration to Scale Emerging Market Climate Investments

Stuart Mitchell

IFC recently announced a collaboration with Allied Climate Partners (ACP) that will help create a pipeline of viable climate investments in Southeast Asia, Africa, the Caribbean and Central America, and India.  ACP’s new platform is backed by philanthropic capital and designed to mobilize investment in climate-related projects in emerging economies to create significant environmental, economic, and social impact. The collaboration with IFC will provide advisory and structuring support, technical assistance, and sustainability and impact-management support as needed to help bring projects to financial viability. It will apply global best practice…

Vattenfall and SSAB in new fossil-free steel collaboration

Stuart Mitchell

Vattenfall and SSAB have signed a letter of intent regarding deliveries of fossil-free steel produced with HYBRIT technology. SSAB will, using input material from the HYBRIT pilot plant in Lulea, deliver fossil-free steel to Vattenfall, to use in its own operations. In addition to the already existing HYBRIT initiative from 2016, Vattenfall and SSAB are starting another in-depth collaboration to transform the steel industry towards fossil-free steelmaking, promote the use of fossil-free steel and manufacture products with a radically reduced carbon footprint. Vattenfall needs high-strength steel for several different components,…

How Live Electricity Readouts Allow Berry to Operate More Efficiently and Reduce Energy and Greenhouse Gas Emissions

Stuart Mitchell

Because data-driven decisions help improve energy performance, a robust, real-time energy monitoring system is key to a company’s ability to track energy use, lower electricity bills, and reduce greenhouse gas emissions. This data also supports environmental, social, and governance (ESG) reporting by backing up claims and shows how sustainability can be economically viable by driving cost reductions and operational efficiency improvements. Real-time energy monitoring provides up-to-date data that allows businesses to spot potential issues and make informed decisions to respond quickly. Berry works with multiple energy management solutions providers, including…