Key Impact Points: Norway’s Historic CCS Breakthrough Norway has officially launched Longship, the world’s first complete carbon capture and storage (CCS) value chain – from industrial capture to permanent seabed storage. The milestone project is Europe’s first at this scale and is supported by NOK 22 billion in state funding,
Key Impact Points: Nasdaq and AirMiners Team Up on Carbon Removal Education Nasdaq has unveiled the Nasdaq Carbon Academy, a free, self-paced online course designed to educate professionals on carbon dioxide removal (CDR) and its integration into corporate climate strategies. The program was co-developed with AirMiners, a climate innovation hub
Key Impact Points: California Sticks to 2026 Climate Disclosure Timeline California’s sweeping climate laws will go into effect as planned in 2026, with no delays to reporting requirements despite the California Air Resources Board (CARB) falling behind on regulatory development. KPMG’s June 2025 update confirms that reporting under SB-253 (GHG
Key Impact Points: Basel Committee Publishes Voluntary Climate Disclosure Framework The Basel Committee on Banking Supervision has released a voluntary framework for disclosing climate-related financial risks, allowing individual jurisdictions to decide whether and how to implement it domestically. Built-in Flexibility for Evolving Data Recognizing the rapid evolution of climate-related data,
Key Impact Points: Enfinity Expands Solar Footprint in Italy U.S.-based Enfinity Global has signed Power Purchase Agreements (PPAs) to deliver renewable energy from 420 megawatts of solar PV projects in Italy to an undisclosed U.S. technology company. Supporting Energy Transition “We are pleased to continue supporting our customers across diverse
Key Impact Points: Luxembourg and EIB Global Join Forces for Ocean-Based Climate Solutions Luxembourg is partnering with EIB Global to contribute €5 million to the Outrigger Impact Fund I, a new initiative designed to support climate resilience and low-carbon development in Small Island Developing States (SIDS). The fund, managed by
Key Impact Points: U.S. Energy System Grows More Productive as Demand Rises The 2025 Sustainable Energy in America Factbook, released by the Business Council for Sustainable Energy (BCSE) and BloombergNEF, shows that the U.S. energy system is increasingly efficient and capable of meeting rising demand with cleaner sources. In 2024:
The Be Cool! Campaign grew from “I Wanna Be Cool”, an Americana meets Beatles pop anthem bringing more than awareness to the climate crisis. The goal of the Campaign is to inspire meaningful climate action and mobilize global youth to combat the world’s worsening climate crisis. The Campaign was launched
Key Impact Points: Call for Balanced and Inclusive Standards Climate Impact Partners has submitted formal feedback to the Science Based Targets initiative (SBTi) as part of its consultation on the Corporate Net-Zero Standard Version 2.0, urging the organization to adopt a more pragmatic, flexible approach. “The SBTi’s work is vital.
Key Impact Points: DOE Terminates $3.7 Billion in Climate Awards The U.S. Department of Energy has rescinded $3.7 billion in previously announced awards for carbon capture and decarbonization projects. Among those affected are Calpine Texas CCUS Holdings, LLC, ExxonMobil, Ørsted Star P2X LLC, and PPL Corporation, according to a project
