News
H&M funds offshore wind project in Bangladesh to get factories off fossil fuels
Clothing company H&M Group is investing in Bangladesh’s first offshore wind project since Bangladesh is home to many factories that stitch the retailer’s clothing. It
New York City accelerates EV infrastructure plans for 2024
New York City’s charging capacity will receive a boost from new statewide Electric Vehicle (EV) infrastructure incentives. In November last year, New York state’s Public
Shopify invests around $55 million in 40 carbon removal startups
The e-commerce company Shopify has been investing in early-stage carbon removal projects and startups for the past four years. Shopify has invested close to $55
Seattle-based startup develops recycled clothing made of denim
Seattle-based startup Evrnu will break ground in January on a cotton recycling facility in South Carolina. The company is partnering with U.K. fashion and textile
China aims for green courier packaging by 2025
Beijing aims to establish a standard system for green packaging by the end of 2025 and also ban the use of toxic and harmful materials
China drives demand for sustainable finance in the Asia-Pacific region
Green and sustainability-related bonds have helped raise US$134 billion in the Asia-Pacific region so far this year, excluding Japan. China accounted for more than half
U.S. ports are receiving a $21 billion upgrade
U.S. ports are getting a multimillion-dollar grants to upgrade their cargo handling infrastructure. The grants are part of the administration’s $21 billion commitment to modernize
Japan offers to help Asia curb emissions with its co-firing technology
Japan is offering to help Asia-Pacific nations reduce emissions with various technologies. This includes the co-firing technology, which uses less-polluting ammonia or hydrogen as a
COP28 calls to move away from fossil fuels
For the first time in nearly three decades, government ministers from as many as 200 countries approved a deal that calls on countries to move