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Why We Need to, Have to, Want to Act on Climate Change

Andrew Winston

The battle to get companies to take sustainability seriously is essentially over. I’ve spent two decades arguing that sustainability is good for companies. Have to Companies are grappling with a wave of new legal and market-based requirements around nonfinancial emissions and carbon reporting.

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Geothermal power boosts KenGen profit to 48% YOY growth

ThinkGeoEnergy

State-owned electricity company KenGen has reported a 48% growth in profit after tax for the year ending in June 2023. The profit growth has been attributed in large part to increased operation efficiency and capacity growth of the company’s geothermal facilities in Olkaria in Naivasha, Kenya. billion (approx. billion (approx.

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? Insurance, the icing on the capital stack cake

Climate Tech VC

If the layers of the climate capital stack cake are asset classes, the icing on the cake is sweet sweet insurance.  Without insurance in place, commercial banks won’t lend to, and project finance funds won't invest in, sustainable infrastructure projects – which means no financing, and no projects.

Carbon 52
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Insurance Giants Under Fire from First Nations for Backing Trans Mountain Tar Sands Pipeline

DeSmogBlog

Indigenous peoples in Canada and a coalition of environmental groups launched a “Global Week of Action” for June 14-21 , aimed at pressuring an array of insurance companies to cut ties with a long-distance tar sands pipeline under construction in Canada. pic.twitter.com/dVTmR3x8CI — Insure Our Future U.S.

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The EV charging companies who dominated Q1 VC smart grid financing

Smart Energy International

In this edition of Smart Energy’s Power Playbook, Yusuf Latief looks into Q1 financing results within the smart grid sector, highlighting the top five deals made, all of which revolve around EV charging companies. What stands out when we look at the results is that the top five deals all revolve around EV charging companies.

Europe 86
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Biographite and the changing battery market

Smart Energy International

In an exclusive interview with CarbonScape’s Oliver Foster, Yusuf Latief discusses the company’s success to date and what their alternative to graphite signals for the battery market going forward. As such, it will encourage companies to look for alternative solutions that can help them reduce their scope 2 and scope 3 emissions.

Batteries 105
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AXA pledges to invest £1.3bn in forest protection

Business Green

The insurance company has set out a plan to protect forests as part of its commitment to preserving biodiversity. Insurance and investment giant AXA last week announced a £1.3bn investment in sustainable forest management projects, as part of its ongoing commitment to preserve biodiversity and protect forest ecosystems.