Former UK Net-Zero Tsar Chris Skidmore Launches Investment Bank for Sustainable Scale-up Firms
Image of Chris Skidmore from Sky News. Chris Skidmore, the UK’s former net-zero tsar and ex-Conservative MP, recently unveiled Desmos Capital Partners, a new private investment bank aimed at supporting scale-up firms focused on impact, future technologies, and...
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...
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...
