WRAP launches £1.5m Grant Fund to support textiles projects

WRAP is offering a total of £1.5 million in grants to support projects that provide innovative ways for textile waste to be recycled or re-used, keeping it out of landfill or incineration so that it remains a valuable resource. The money is part of Defra’s £18m Resource Action Fund, set up to support key priority policy areas. The grants, of between £20,000 and £170,000, are available to organisations of any size, both commercial and not-for-profit. The money is for capital expenditure only; either for equipment or technologies (excluding software and…

Amazon Continues Renewable Energy Investments with Wind and Solar Projects in Australia, Europe, and the US

Amazon has announced four new renewable energy projects in Australia, Spain, Sweden, and the US that further support Amazon’s commitment to reach 80% renewable energy by 2024 and 100% renewable energy by 2030 on path to net zero carbon by 2040. Amazon is investing globally to enable new renewable energy projects as the company works towards net zero carbon by 2040. Amazon’s first renewable energy project in Australia is a 60 megawatt (MW) solar project anticipated to come online in 2021 in northern New South Wales. Once complete, the project…

Negative emissions pioneer Drax announces new CCUS projects during Energy Minister’s visit

Negative emissions pioneer, Drax Group is continuing to develop ground-breaking carbon capture technologies through new partnerships and pilot projects, putting UK businesses at the forefront of efforts to tackle the climate crisis. Drax has announced a new partnership with cleantech company Econic Technologies to explore the potential for using captured carbon dioxide from its biomass power generation to displace oil in the production of plastic products, using its pioneering catalyst technology. The partnership marks a major step towards enabling other businesses, including in the automotive, consumer and construction sectors, to…

Women and Girl Projects in Kent and Medway Receive Major Funding Boost

Grassroots groups working in Kent and Medway get much-needed grants worth £89,000 to help support women and girls. This is the second time Kent Community Foundation has awarded funding from the Tampon Tax Community Fund to local groups supporting women and girls experiencing issues such as period poverty, domestic and sexual abuse and poor mental health. Natalie Smith, Director of Grants & Impact at Kent Community Foundation, said, “This funding supports the groups on the ground that are making a huge difference to the lives of women and girls. We…

IFC Provides $335 Million Funding To Banco Davivienda To Spur Lending To Wsmes, Green Projects, And Social Housing In Colombia

Davivienda received from IFC, a member of the World Bank Group, a subordinated loan of USD$335 million to support the financing of women-owned small and medium-sized enterprises (SMEs), social housing and sustainable construction projects. This is the first loan granted by IFC in Latin America and the Caribbean, under the new regulation on additional solvency of Basel III (new Tier 2). “This operation is part of our sustainability strategy of supporting female entrepreneurship, financing sustainable projects and contributing with Colombians to fulfill their dream of having their own home. With…