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EU Backs €116 Million Wave of Ocean and River Restoration Projects

EU Backs €116 Million Wave of Ocean and River Restoration Projects

The European Union has approved funding for 13 projects under its Mission Ocean and Waters initiative, committing €116 million to efforts ranging from fish-friendly river pathways to a digital twin of the ocean. The aim: to restore Europe’s waters and the livelihoods they sustain. The new projects will span the

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Ocean Elders Unite: Two Global Leaders Join the “Avengers” of the Sea

Ocean Elders Unite: Two Global Leaders Join the “Avengers” of the Sea

A Global Coalition Expands The Ocean Elders, a coalition of world leaders, scientists, and cultural icons devoted to protecting the planet’s oceans, has welcomed two new members: Lord Fatafehi Fakafanua, Speaker of Tonga’s Legislative Assembly, and Prince Hussain Aga Khan, a conservationist and acclaimed photographer. The additions expand a group

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Denmark Stands Firm- Backing Ørsted Through U.S. Policy Headwinds

Denmark Stands Firm: Backing Ørsted Through U.S. Policy Headwinds

COPENHAGEN — When policy reversals in Washington stalled offshore wind projects and stripped away clean energy subsidies this year, many renewable developers began looking for the exits. Denmark, however, is taking a different path. The Danish government, which owns a 50.1 percent controlling stake in Ørsted, the world’s largest offshore

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Funds Flip the Switch: Hedge Funds Dump Oil, Warm to Solar

Funds Flip the Switch: Hedge Funds Dump Oil, Warm to Solar

Key Impact Points: Hedge Funds Reverse Energy Bets Hedge funds are moving away from oil stocks and warming to solar in a marked reversal from strategies that dominated since 2021. Bloomberg Green’s analysis of Hazeltree data shows equity-focused hedge funds, on average, were net short oil stocks for seven of

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