• McKinsey projects renewables could supply up to 67% of global power by 2050, but fossil fuels may still account for more than 40% of total energy use.• Alternative fuels such as clean hydrogen are unlikely to achieve widespread adoption before 2040 unless mandated.• Rising energy demand from data centers and affordability concerns could slow… Continue reading
• Stegra (formerly H2 Green Steel) seeks up to €975 million ($1.1 billion) in new financing to complete its Boden, Sweden, green-steel project.• The new capital will cover higher project costs, replace unfulfilled state grants, and expand critical infrastructure ownership.• Stegra has already secured €6.5 billion in funding for the hydrogen-based steel plant, one of… Continue reading
• Less than 10% of climate finance reaches SMEs despite representing over 90% of global businesses.• The Impact Disclosure Taskforce’s SME Subgroup unveils a Whitepaper at Climate Week NYC offering scalable frameworks to unlock SDG-aligned capital.• Africa’s emerging “Impact Scale-Up” model positions local innovation as a global testbed for inclusive finance. SMEs: The Missing Link… Continue reading
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