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IFC, BTG Pactual to Invest $1 Billion in Sustainability and Development in Latin America
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World Bank Group member the International Finance Corporation (IFC) and Brazil-based investment bank BTG Pactual announced the launch of a new strategic partnership aimed at advancing sustainability and development initiatives in Brazil and across Latin America, by mobilizing resources and expertise to address critical global challenges and fostering impactful investments. IFC and BTG Pactual said that…
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ICE Launches Climate Data and Analytics Solution for Private Companies
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Financial technology and data services provider and exchange operator Intercontinental Exchange (ICE) announced the expansion of its climate risk platform with the addition of physical and transition risk data for over five million private companies globally. The expanded offering will integrate ICE’s geospatial intelligence platform and climate risk models with business data and analytics provider…
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Commonwealth Fusion Systems Raises $863 Million to Bring Fusion Power to the Grid
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Commonwealth Fusion Systems (CFS) announced it that it has raised $863 million in a Series B2 fundraising round, with proceeds from the financing aimed at accelerating the company’s path to commercializing fusion energy. The company said it will use the capital to complete its fusion demonstration machine under construction in Massachusetts and continue development on…
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Singapore Delays Climate Reporting Requirements to Give Smaller Companies More Time to Prepare
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Singapore’s business reporting, accounting and corporate services and markets regulators the Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange Regulation (SGX RegCo) announced significant changes in the timelines for the implementation of most mandatory climate-related reporting requirements for companies, including delaying some disclosures for small and mid-sized companies by up to five years. While…
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Amazon Partners to Power AI Infrastructure in U.S. with Advanced Nuclear Energy
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Amazon, nuclear technology company X-Energy, power provider Korea Hydro & Nuclear Power Corporation (“KHNP”), and energy solutions and equipment provider Doosan Enerbility announced the launch of a new strategic partnership, aimed at scaling the deployment of advanced nuclear reactors to help meet growing the power demands from data centers and AI infrastructure in the U.S. The…