Investment
Philanthropic groups including Bezos Earth Fund Pledge $5bn to Protect Land and Sea
A record-breaking private investment into biodiversity protection was announced this week by nine philanthropic organisations, including Bezos Earth Fund, Nia Tero, Bloomberg Philanthropies and Wyss Foundation. The announcement was made yesterday (22 September) at the Transformative Action for Nature and…
Sca And St1 Enter Joint Venture to Develop and Manufacture Liquid Biofuels
Svenska Cellulosa Aktiebolaget (SCA) and St1 Nordic Oy (St1) have declared that they have entered into a joint venture to manufacture and sell liquid biofuels. The Swedish forest industry major will supply tall oil, which is a by-product from its…
Biomass Innovations under Investigation Part 1: Algae
At the end of last month, the UK’s Department for Business, Energy and Industrial Strategy (BEIS) announced it was putting £4m in funding towards the Biomass Feedstocks Innovation Programme, with 24 projects selected and up to £200,000 of funding allotted…
Commentary : Harvard’s Fossil Fuel Divestment
Harvard university has bowed to pressure from environmentalists and shrugged off its fossil fuel investments. But could the move have unexpected consequences? This piece from The Guardian takes a look. Reference: https://www.theguardian.com/environment/2021/sep/14/fossil-fuel-divestment-harvard-oil-exxon-shell
Solugen Raises Over $350m For Making Carbon Negative Chemicals
In a Series C funding, GreenTech Startup Solugen has raised more than $350 million, which will be put into decarbonizing the chemicals industry. The round was co-led by GIC and Baillie Gifford, with the participation of other investors like Carbon…
55 UK Green Shipping Projects to get £23m in funding
Winners from the UK’s Clean Maritime Demonstration Competition were announced this week, with Transport Secretary Grant Shapps saying over 55 green shipping projects will share £23m in government funding for development of their clean tech. The announcement coincides with the…