Private equity, like banks, pours money into fossil fuel companies
It’s not just global banks doubling down on carbon-emitting fuels. Private equity, an opaque corner of the financial industry that oversees more than …
Tagged with: Fossil Fuel
How the shipping industry can set sail toward a low-carbon future
Each year, the shipping industry is responsible for roughly 3% of global greenhouse gas emissions. While the industry has been making strides toward …
A $30 billion AI infrastructure fund led by Microsoft escalates climate questions
Microsoft, BlackRock and a state-backed fund from the United Arab Emirates have set up a $30 billion private investment fund to invest in artificial intelligence (AI) and data centers, mostly in the US.
New fund aims to bridge the ‘city climate finance gap’
ImpactAlpha, Sept. 28 – Cities account for 70% of global CO2 emissions, a figure that is expected to rise steeply as another 2.5 billion …