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Apple creates $200 million fund for nature-based climate solutions

GreenBiz

Nature-based solutions to climate change are having a moment, and Apple is riding the trend with a $200 million fund dedicated to related investments. . Amazon also has committed $100 million to support sustainable forest, wildlife and nature projects in its quest to reach net-zero carbon status by 2040. How is that money being spent?

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The (not so) green recovery: New report warns world is failing to 'build back better'

GreenBiz

For instance, roughly 16 percent of recovery spending could bring positive air pollution impacts, but 16.4 percent is likely to increase net air pollution. trillion invested by these 50 countries to date, only $1.9 trillion has been invested in long-term recovery measures intended to spur economic activity, it notes.

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Europe’s wood pellet market is worsening environmental racism in the American South

GreenBiz

What Ahoskie got was approximately 50 direct jobs, local tree loss, noise , heavy traffic, air pollution, and combustible dust from wood drying and processing that threatens their health and enjoyment of their homes. South, which is already bearing the brunt of climate change effects. . “As

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'Investing in our future': EU touts green infrastructure blitz at heart of ?1.85tr recovery plan

Business Green

The proposed stimulus package calls for a "renovation wave" of buildings and infrastructure in support of the Green Deal, as well as investments in circular economy efforts, renewable energy projects, clean hydrogen infrastructure, green transport networks, and an enhanced Just Transition Fund for workers. This is Europe's moment," she said.

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'Bold and visionary': MEPs demand 'massive' ?2tr EU green recovery package

Business Green

It insists the Commission's forthcoming 'transformation and recovery fund' must be of $2tr in size, with investments directed to projects that comply with Europe's 2050 net zero and biodiversity ambitions, as well as the Paris Agreement and the UN Sustainable Development Goals (SDGs).

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EU Scientists and Politicians Clash Over Gas and Nuclear as ‘Sustainable’ Investments

DeSmogBlog

The European Union’s scientific and political communities are locked in a battle over whether gas and nuclear can be considered green investments. It’s a “green investment guidebook,” said Henry Eviston, spokesperson on sustainable finance at WWF European Policy Office. It only indicates which investments are considered sustainable.

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Green business groups establish new investment rules for natural climate solutions

Business Green

Guidance is geared at helping corporates embed natural climate solutions in their climate strategies in a credible manner and support development of a robust carbon market. As such, the guidance stresses that companies should prioritise reducing their absolute emissions before investing in any NCS credits.