New National Wealth Fund to Drive UK Economic Growth
UK Chancellor Rachel Reeves has launched a National Wealth Fund with £7.3 billion of state funding to attract private investments for boosting economic growth in the UK. The taskforce, led by prominent figures, will focus on key industries like green steel and...
EPA Allocates $160 Million Grants to Reduce Climate Pollution in Construction Sector
The U.S. Environmental Protection Agency (EPA) has announced the distribution of nearly $160 million in grants to 38 recipients in the U.S. to measure and decrease climate pollution from the manufacturing of construction materials and products, following President...
Omani Carbon Capture Startup 44.01 Secures $37 Million in Funding
Omani-based carbon capture startup 44.01 has secured $37 million in Series A funding led by Shorooq Partners, Equinor Ventures, Amazon’s Climate Pledge Fund, and Breakthrough Energy Ventures. The firm aims to commercialize its carbon mineralization technology in...
Azerbaijan’s $1 Billion Climate Fund
Azerbaijan has announced the ‘Climate Investment Fund for Future’, which aims to raise at least $1 billion from fossil fuel producing countries and companies including state oil company Socar. The Fund will target climate projects in developing countries...
