New deal demonstrates opportunity to scale finance for carbon removals

Standard Chartered, British Airways, CUR8, CFC and WTW recently announced the completion of a global first transaction to unlock finance for UNDO, a UK-founded carbon removal project developer specialising in enhanced rock weathering. The breakthrough transaction, which specifically provides debt financing for UNDO, now paves the way to scale finance for Carbon Dioxide Removal (CDR) projects elsewhere. The precise and novel structure of the transaction helps to overcome significant barriers when providing finance to carbon removal project developers like UNDO. It separates the cost of a project from the sale…

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75 percent of global food and drink organisations believe environmental factors such as the depletion of natural resources are impacting their sector

Environmental, social and governance (ESG) risks are increasingly impacting the food and beverage sector as it faces the combined challenges of controlling the environmental impact of production processes and supply chain disruption. In a new global survey, WTW, a leading global advisory, broking, and solutions company, outlines the pressures facing the food and beverage sector as a result of the turbulence of the last two years from the impact of the pandemic to the supply chain disruption caused by global volatility, particularly regarding the conflict between Russia and Ukraine, which…

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