The United Nations Framework Convention on Climate Change (UNFCCC) has significantly revised its estimates on the amount of climate finance required by developing nations to meet their environmental targets. According to the second Needs Determination Report (NDR), released on September 10, 2024, between $5.01 and $6.85 trillion will be needed by 2030 to support the […]
AMP Wealth Management New Zealand has made significant strides in expanding its Global Climate Fund, with a recent international partnership involving BlackRock, the US-based investment giant. The Kiwi wealth manager announced an initial capital injection of $28 million into BlackRock’s Global Renewable Power Fund IV. This fund is currently focused on solar energy investments, specifically […]
Hero Future Energies, the renewable energy arm of the Hero Group, has unveiled an ambitious plan to invest $20 billion in expanding its renewable energy capacity to 30 GW by 2030. This would mark a significant increase from its current capacity of 1.9 GW, nearly a 16-fold rise, according to chairman Rahul Munjal, who shared […]
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