News

News, reviews, and insights from the climate tech world.

General

Global AI Challenge Launched to Tackle Climate, Gender, and Health Inequities

Amid escalating concerns over climate change and its ripple effects on vulnerable populations, three prominent organizations have joined forces to launch a global initiative aimed at developing cutting-edge artificial intelligence (AI) solutions. The “AI for Equity Challenge: Climate Action, Gender, and Health” is spearheaded by the International Research Centre on Artificial Intelligence (IRCAI), an organization […]

Oct 18, 2024Read More

General

Two Point O Capital Secures $6.3 Million to Boost Clean Energy Projects Amid Capital Shortage

Climate financing platform Two Point O Capital has raised $6.3 million in a seed funding round led by venture capital firm Omnivore, with participation from Multiply Ventures, RTP Global, GrowX, Spectrum Impact, and several high-profile angel investors. The investment will support Two Point O Capital’s efforts to expand its technology-enabled platform that focuses on sourcing, […]

Oct 17, 2024Read More

General

The European Union Backs Youth-Led Climate Action in Malaysia Through New Partnership

In a concerted effort to advance youth-led climate and environmental initiatives in Malaysia, the European Union (EU) has announced its support for the Youth Environment Living Labs (YELL) programme. This initiative, jointly led by UNDP Malaysia, Singapore & Brunei Darussalam and UNICEF Malaysia, seeks to empower young people to play a central role in addressing […]

Oct 15, 2024Read More

Featured

Sustainable Energy Expo: CISOLAR 2024 and GREENBATTERY 2024 to Drive Innovation in Renewable Energy

The Sustainable Energy Expo 2024 is set to be a pivotal event for the renewable energy sector, taking place from October 15-17, 2024 at the Laminor Arena in Bucharest, Romania. This year’s event will be the most expansive yet, uniting global industry leaders, policymakers, and innovators under one roof. The expo will feature two key […]

Oct 14, 2024Read More

General

EXIM Bank Launches RM1.5 Billion Green Financing Initiative to Promote Sustainability by 2027

The Export-Import Bank of Malaysia Bhd (EXIM Bank) has unveiled its EXIM Green Global Initiative, pledging to channel up to RM1.5 billion into sustainable financing by 2027, aimed at supporting environmentally responsible projects. Speaking at the launch, Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz emphasized the initiative’s alignment with the New […]

Oct 11, 2024Read More

General

Malaysia Poised to Lead in Green Technology Through IGEM 2024

Malaysia is making notable advancements in green technology, positioning itself as a key player in global sustainability efforts, according to Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad. Speaking at the International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) 2024, the minister emphasised the growing importance of such platforms in driving […]

Oct 10, 2024Read More

General

Brookfield Secures $2.4 Billion for Climate Transition Fund Targeting Emerging Markets

Brookfield Asset Management announced today that it has successfully raised $2.4 billion for its Catalytic Transition Fund (CTF), a new initiative designed to accelerate clean energy investments in underrepresented emerging markets. The fund’s launch, which took place just three months ago in June 2024, marks a significant step in directing capital toward regions often overlooked […]

Oct 9, 2024Read More

General

Developing Nations Require Up to $6.8 Trillion by 2030 to Achieve Climate Targets, UN Report Warns

The United Nations Framework Convention on Climate Change (UNFCCC) has significantly revised its estimates on the amount of climate finance required by developing nations to meet their environmental targets. According to the second Needs Determination Report (NDR), released on September 10, 2024, between $5.01 and $6.85 trillion will be needed by 2030 to support the […]

Oct 8, 2024Read More

General

AMP Invests $28 Million in BlackRock’s Renewable Power Fund as Part of Global Climate Strategy

AMP Wealth Management New Zealand has made significant strides in expanding its Global Climate Fund, with a recent international partnership involving BlackRock, the US-based investment giant. The Kiwi wealth manager announced an initial capital injection of $28 million into BlackRock’s Global Renewable Power Fund IV. This fund is currently focused on solar energy investments, specifically […]

Oct 7, 2024Read More

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