Kategorie: Esther Finidori
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LEGO Raises Carbon Removal Commitment to $7.9Million
LEGO adds DKK 18 million ($2.6 million) to carbon removal portfolio, bringing total commitment to DKK 54 million ($7.9 million). Portfolio spans nature based restoration in Mexico and three emerging technology based carbon removal pathways. Strategy prioritises operational emissions cuts while testing high quality removals to inform long-term climate governance and investment decisions. The LEGO… Continue reading
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UN Issues First Paris Agreement Carbon Credits Under Article 6.4
First ever issuance of credits under the Paris Agreement’s Article 6.4 mechanism, tied to a clean cooking project in Myanmar. Credited reductions are about 40% lower than under the former Clean Development Mechanism, reflecting tougher baselines and updated methodologies. Credits authorized for transfer to the Republic of Korea can be used in the Korean Emissions… Continue reading
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Garanti BBVA Provides $14.1 Million to Decarbonize UNO’s Bread Production in Türkiye
€13 million ($14.1 million) financing to modernize production lines and cut natural gas and electricity use at one of Türkiye’s largest bread manufacturers Backed by a broader Spain–Türkiye sustainability agreement of up to $100 million via Instituto de Crédito Oficial Part of Garanti BBVA’s TL 3.5 trillion sustainable finance commitment through 2029, with TL 1… Continue reading
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