On October 31, 2024, Reuters published an article on New York’s inclusive approach to energy transition and employment. Leveraging funds from the Inflation Reduction Act (IRA), New York City is implementing programs aimed at creating sustainable jobs while ensuring that the benefits of this transformation reach historically marginalized communities. One of the central initiatives, the […]
On November 5, 2024, The Times revealed that Nest, one of the largest public pension schemes in the UK, is considering freezing investments in companies that fail to meet carbon emission reduction targets. Nest, which manages a £45 billion portfolio for 13 million members, has expressed frustration over the insufficient progress of some companies regarding
On October 31, 2024, Vogue Business published an article highlighting the growing challenges facing the Italian textile sector due to new European Union sustainability regulations. These regulations, aimed at promoting responsible practices in the fashion industry, impose strict requirements on Italian suppliers, particularly regarding transparency, traceability, and carbon footprint reduction. While these measures are intended
On October 17, 2024, the environmental NGO ClientEarth filed a complaint with France’s Financial Markets Authority (AMF) against the asset management giant BlackRock. The accusation is based on the presentation of certain BlackRock investment funds as “green” or “sustainable,” while they include assets from companies in the fossil fuel sector. This action is supported by
A Few Weeks After Claudia Sheinbaum’s Inauguration as Mexico’s First Female President, the Country Unveils an Ambitious Climate Strategy. In an interview with TIME, Environment Secretary Alicia Bárcena outlined a bold climate program: expansion of renewable electricity production, decarbonization of state-owned enterprises, and investments in nature-based solutions. These actions are part of Mexico’s commitment to
