News
World Bicycle Day: Pedaling Toward a Sustainable Future
On June 3rd, the world celebrates World Bicycle Day, a date designated by the United Nations to recognize the bicycle as a simple, affordable, reliable, and environmentally sustainable means of transportation. As we have written previously, the bicycle is more…
Indian Startup Bags $12M to Erase CO₂ from the Sky
Alt Carbon, an Indian climate tech startup, has raised $12 million in seed funding to expand its Enhanced Rock Weathering (ERW) technology across the Global South. This method involves spreading waste basalt rock dust on agricultural fields, where it reacts…
Five Finalists Announced for Venice Sustainable Cities Challenge
The Toyota Mobility Foundation has revealed the five finalists of the Venice Sustainable Cities Challenge, a global competition aimed at promoting low- and zero-carbon transport in urban areas. Each selected team will receive $130,000 to pilot their solutions in Venice…
Carbon Capture Costs Drop as Deployment Surges
The latest Global CCS Institute report reveals that carbon capture and storage (CCS) technologies are becoming more cost-effective amid rapid global expansion. As of 2024, over 620 CCS projects have been identified globally, with 50 operational and 46 under construction.…
International Biodiversity Day 2025 Embraces Harmony with Nature and Sustainable Growth
As environmental challenges escalate globally, this year’s International Biodiversity Day spotlights the indispensable role of nature in building a sustainable future. Held annually on May 22, the observance reinforces the growing global consensus: there is no path to development without…
EV Sales Surge to New Highs as Global Market Diversifies
Global electric vehicle (EV) sales surged past 17 million in 2024, marking a 25% year-on-year increase. China led the charge, selling over 11 million EVs—more than all global sales just two years ago. EV sales in Asia and Latin America…
The Effect of Greenwashing and Greenhushing on Brand Value: INTA Report Warns Brands about the Costs
The International Trademark Association (INTA) has released a comprehensive report, The Effect of Greenwashing and Greenhushing on Brand Value, highlighting the financial and reputational risks brands face from ineffective ESG (environmental, social, and governance) communication—whether through misleading claims (greenwashing) or…
EIB Survey: Cities Across Europe Aim Higher on Climate Action Amid Resource Shortfalls
The EIB has published a report on urban investment in Europe. According to the Research, majority of European cities are striving to invest more in combating climate change. The research covered 1002 cities with a total population of about 26…
Hermès published its sustainability strategy
Hermès published its sustainability strategy. Compared to 2018, the company has reduced its Scope 1 and 2 emissions by 63.7%. Scope 3 emissions decreased by 50.5%. The company aims to switch 100% to renewable energy sources by 2030. Efficiency indicators…
Europe Launches Comprehensive Energy Storage Database
The European Commission has launched the European Energy Storage Inventory, the first platform to map all forms of clean energy storage across Europe. Unlike previous databases focused on specific storage types, this one covers a full range of technologies, including…