Business/Finance

Written by: Kimberly White  Amazon has launched its $2 billion Climate Pledge Fund. Through the fund, Amazon aims to bolster the development of sustainable technologies to help companies achieve carbon neutrality.  The Climate Pledge Fund will invest in companies from a...

Written by: Kimberly White Companies, cities, investors, and civil society have joined together in pursuit of a resilient, zero carbon recovery.  Led by the UNFCCC's Champions for Climate Action, the Race to Zero campaign aims to mobilize leadership and drive support...

Written by: Kimberly White  BNP Paribas is accelerating its timeline for a complete coal phase-out.  In 2019, the bank announced its 2030 target cut-off date for countries in the EU. BNP Paribas is now expanding its target date to end the...

Written by: Kimberly White Google has pledged to no longer build custom artificial intelligence (AI) tools for oil and gas companies to extract fossil fuels from around the globe.  In an interview with theCUBE, Google Cloud managing director Will Grannis stated...

Written by: Kimberly White Morgan Stanley will no longer fund oil and gas exploration and development in the Arctic, including the Arctic National Wildlife Refuge.  Morgan Stanley is the fifth largest funder of fossil fuels in the United States. Thirty-five global...

Written by: Sean Fleming The statistics on global food waste make for grim reading. And as more consumers become aware of the problem, a Danish tech start-up with nearly 20 million users has declared war on unwanted food. Mette Lykke is...

Courtesy of Landscape News Written by: Monica Evans Bamboo might seem an unusual material from which to build bikes, but for young Ghanaian entrepreneur Bernice Dapaah, the idea was easy to come by. “When I was very young, I...

Written by: Kimberly White  UBS Group will no longer fund new offshore oil projects in the Arctic. The Swiss bank also announced it would not provide financing for new thermal coal mines or oil sands on undeveloped lands.  The new standards...

Written by: Hans Nicholas Jong Environmental watchdogs have welcomed a zero-deforestation pledge by South Korean trading giant POSCO International with regard to its palm oil operations in Indonesia’s Papua province, following years of razing the land. Under its “No Deforestation,...

Written by: Kimberly White JPMorgan Chase and Wells Fargo will no longer fund oil and gas drilling in the Arctic, including the Arctic National Wildlife Refuge.  The announcements come on the heels of similar commitments made by Goldman Sachs and BlackRock.  JPMorgan...