Oman floating factory operations have formally begun with the launch of a high-tech vessel designed to catch, process, and freeze fish directly at sea, marking a shift in how the Sultanate develops its fisheries sector under Oman Vision 2040. The project, led by the Ministry of Agriculture, Fisheries and Water
The recently launched Carbon Compared launched to increase transparency within the VCM, making it easier to make informed decisions around carbon credits and offsetting. The platform connects buyers directly to project developers, enabling a direct relationship with the project that their purchases support. On the free platform, project design documents,
Japan has announced a new package of Japan clean energy investment subsidies worth 210 billion yen ($1.3 billion), aiming to accelerate the use of decarbonised electricity across industry while strengthening regional economies and reducing reliance on imported fossil fuels. The subsidies, unveiled by a senior official at the Ministry of
New York, 18 December 2025 — A major financing package of US$67 million approved by the Global Environment Facility (GEF) is set to accelerate frontline environmental action in vulnerable ecosystems and communities across Africa, Asia Pacific, Latin America, and the Middle East and North Africa, with implementation support from the
Tanzania has secured approval from the Global Environment Facility for a US$6 million initiative aimed at safeguarding some of the country’s most critical coastal and marine ecosystems, advancing a national effort to link climate resilience, biodiversity protection, and inclusive blue economy growth. The project targets the Tanga–Pemba Seascape, a stretch
Canada has moved to formalize its approach to sustainable finance, announcing that it will launch a national sustainable investment taxonomy by the end of 2026, led by the Canadian Climate Institute. The initiative is intended to provide clear, science-based criteria for identifying “green” and “transition” investments, as the federal government
Dutch pension fund PME has withdrawn a €5 billion equity mandate from BlackRock, marking the second major loss for the world’s largest asset manager in the Netherlands in recent months as European asset owners tighten expectations around climate alignment and stewardship. PME, which manages approximately €59 billion on behalf of
When Green Impact Exchange unveiled its 2026 product roadmap, the announcement did more than outline a set of new financial instruments. It signaled an attempt to rewire how public markets engage with climate, governance, and long-duration capital. At the center of that effort is Maria Mähl, newly appointed Chief Product
The Government of the Union of Comoros has launched a $54 million climate resilience initiative designed to protect coastal communities by restoring and managing the ecosystems that form the islands’ first line of defence against climate impacts. Backed by a $10 million grant from the Global Environment Facility and $44
BlackRock’s Global Infrastructure Partners (GIP) has agreed to invest up to $335 million in Aditya Birla Renewables, marking one of the largest foreign commitments to an Indian clean energy platform as the country races toward its 2030 climate and power sector goals. The transaction, which begins with a $225 million
