European Banks don’t pass the ECB’s examination on climate and environmental risk management
European Banks don’t pass the ECB’s examination on climate and environmental risk management The plan The energy transition with the aim of achieving net zero emissions by 2050 inevitably involves all sectors of economic activity. Among them there is also the financial sector: banks, investment funds and insurance companies. Their role will be decisive in […]
FIA and Formula 1 unveil new 100% sustainably fuelled hybrid engine by 2025
FIA and Formula 1 unveil new 100%sustainably fuelled hybrid engine by 2025 Formula 1 and ARAMCO (the Saudi national hydrocarbons company and main partner of the Circus) are trying to introduce 100% sustainable fuels by the middle of this decade, as part of the move towards being Net Zero Carbon by 2030. Just last year, […]
ETFs: the surge of not-so-green ESG investments
ETFs: the surge of not-so-green ESG investments Following the two years of COVID-19 pandemic, confidence towards ESG investments rose as the sensitivity towards climate change and social issues became more widespread. Overall, the investment in Green Funds rose from 50 billion in the beginning of 2020 to over 200 billion in mid-2021, according to Morningstar. […]
ORCA, the new smart way to trap CO2 by Climeworks
ORCA, THE NEW SMART WAY TO TRAP CO2 BY CLIMEWORKS On September 8th 2021, Climeworks, a Swiss engineering start-up, opened its first Direct Air Capture plant. Orca, which has the same sound as the Icelandic word for “energy”, is located in the Hellisheidi geothermal park, near the capital Reykjavik, and it is powered by the […]
The First Italian Green Bond
A new and exciting achievement for the green BTP. The first Italian long term green bond is coming. The launch of green BTPs, that will be issued to finance environmental spending and the fight against climate change, is “imminent” and the Mef (Ministero dell’Economia e Finanza) is working towards the goal of a debut within […]