Climate-data startup Arcadia raises $200 million in a funding round led by J.P. Morgan

Climate-data startup Arcadia raises $200 million in a funding round led by J.P. Morgan Arcadia, a US-based technology company supporting energy innovators to fight the climate crisis, announced on May 10th the raise of $200 million funding round. The financing aims to accelerate the impact of Arcadia’s data and new API platform, Arc, expanding data […]

ISSB aims to improve and enhance climate reporting

ISSB aims to improve and enhance climate reporting Recently there has been more attention drawn to corporate climate reporting, as climate disclosures can look good in an annual report, but they do not necessarily mean that a rapid change is being achieved. Moreover, environmental data regarding businesses does not have a universally acknowledge unit of […]

Boosting investments in carbon removal technologies

Boosting investments in carbon removal technologies Strategies to reduce emissions – such as increasing renewable energy or improving energy efficiency – are not sufficient per se to reach the global temperature target. An analysis by the National Academy of Sciences (NAS) and Intergovernmental Panel on Climate Change (IPCC) shows that, even with high investments in […]

Jakarta is sinking: the government decides to move the capital

Jakarta is sinking: the government decides to move the capital The Indonesian government has resumed work, suspended following the pandemic, to move the capital from Jakarta to a metropolis that will be built from scratch on the island of Borneo and that will be called “Nusantara” which means “archipelago” or ” other islands”. The project, […]

European Union is trying to paint nuclear energy green

European Union is trying to paint nuclear energy green. How the inclusion of nuclear energy in the sustainability’s taxonomy is spreading intense debates among European countries. With the beginning of the new year, the European Commission has released the updated version of its taxonomy, that defines which investments can be considered sustainable and which not, […]

ESG FUNDS DELIVER OUTSIZED RETURNS…TO ITS MANAGERS

ESG FUNDS DELIVER OUTSIZED RETURNS … TO ITS MANAGERS A 2015 MSCI study looking at ESG (Environmental, Social, and Governance) investing strategies over an eight-year period found evidence of alpha – or excess returns. A February 2021 Morgan Stanley review of more than 3,000 U.S. funds confirmed that ESG funds outperformed their traditional peer funds by a […]

GREEN ENERGY PUSH WILL DRIVE INFLATION HIGHER

Greener Energy Push will drive Inflation Higher Probably the most debated topic in Economics right now is the surging inflation rate. Economists across the globe are discussing its causes, its character, whether it is transitory or  here to stay, and the best policies to tamp it down. In the last weeks we have seen how […]