Climate Insider

Longbow Capital, a Calgary-based private equity firm, have announced the initial closing of its Longbow Energy Transition Fund II with $150 million in commitments, targeting a total of $250 million. 📣 Longbow’s Managing Director, Tyson Birchall, emphasized the importance of seizing the moment amid transformative changes in the energy #landscape. “We are grateful for the ongoing support of our existing investors and excited to build on the success we have had to date in our energy transition strategy.“ Key anchor investors include BDC Capital, TD Group, and Caterpillar Ventures. The fund aims to invest in North American businesses that contribute to reducing carbon #emissions and supporting the #energy transition, such as VoltaGrid, a modular power generation company and its first investment. 🇺🇸 https://lnkd.in/dk7uTKGy

💡 Today's Climate Insider Daily Newsletter is here! 🌍 📜 Today's highlights: 🔝Today’s Top Story: The Canadian government has introduced draft regulations aimed at capping greenhouse gas emissions from the oil and gas sector to 35% below 2019 levels.  📊 Today’s Data Point: Goldman Sachs Research projects that achieving net carbon emissions of zero by 2070 will require over $74 trillion in investment. 🌳 Climate Insider Intelligence:  Notable Solutions and Initiatives from COP16. More news, policy updates, tech insights and climate data points in the newsletter! 📊 🌎 #Climatetech #Sustainability #Innovation #ExecutiveBriefing #ClimateAction

The Canadian government has introduced draft regulations to cap greenhouse gas emissions in the oil and gas sector at 35% below 2019 levels. 🌳 This cap-and-trade approach is intended to reduce emissions without limiting production, allowing economic growth to continue as global demand shifts to cleaner energy. In the words of Jonathan Wilkinson and Natural Resources, “A cap on pollution from the oil and gas sector is a critical part of our thoughtful plan to fight climate change and build a strong economy… We can choose to stick our heads in the sand and get left behind, or we can choose to act. Today, we are acting.” This plan encourages reinvestment into technologies like carbon capture, helping to balance emissions reduction with economic stability, job support, and a path toward cleaner energy. https://lnkd.in/e4CHesah #ClimateAction #Canada #OilFlight #GreenhouseGases

🌿 COP16 Highlights: Turning Vision into Action 🌿 At COP16 in Cali, Colombia, under the theme "Peace with Nature," significant progress was made on the Kunming-Montreal Global Biodiversity Framework (GBF). Here are ten key initiatives: 1️⃣ Roadmap for GBF: New roadmap to reverse biodiversity loss by 2030. 2️⃣ Nature-Based Solutions: Central to addressing climate and biodiversity challenges. 3️⃣ Indigenous Leadership: Highlighting the role of Indigenous communities in conservation. 4️⃣ Carbon Market Standards: Ensuring integrity in carbon markets. Financial Support: Increased funding for developing nations. 5️⃣ Financial Support: Increased funding for developing nations. 6️⃣ Marine Ecosystem Focus: Protecting marine biodiversity. 7️⃣ Net-Zero Integration: Including biodiversity in net-zero plans. 8️⃣ Cross-Sector Collaboration: Partnerships for scalable action. 9️⃣ Transparent Reporting: Unified framework for accountability. 🔟 Urban Biodiversity: Promoting green infrastructure in cities. These outcomes reflect the global commitment to integrated biodiversity and climate action for a sustainable future. 🌍✨ Read more on the 10 key solutions and initiatives highlighted at COP16 in the comments. 👇🏻 #COP16 #Biodiversity #ClimateAction #Sustainability #NatureBasedSolutions

💡 Today's Climate Insider Daily Newsletter is here! 🌍 📜 Today's highlights: 🔝Today’s Top Story: Sydney-based climate tech company Neara has successfully raised $45 million in a Series C funding round led by EQT. 🌳 Climate Insider Intelligence:  Turkey's Ambitious Renewable Energy Grid Modernisation - Deep Dive. More news, policy updates, tech insights and climate data points in the newsletter! 📊 🌎 #Climatetech #Sustainability #Innovation #ExecutiveBriefing #ClimateAction

🌍 Climate Investment Funds (CIF) committed an initial $70 million through the Renewable Energy Integration (REI) platform. The total plan aims to secure over $1 billion, including significant contributions from the European Bank for Reconstruction & Development (EBRD) and The World Bank. 🗣 Turkey's solar and wind resources would allow it to complete "one of the most ambitious clean energy scale-ups in the world" CIF Chief Executive Tariye Gbadegesin said in a statement. #TurkeyEnergy #GridModernisation #RenewableEnergy #ClimateInvestment #SustainableEnergy #EnergyTransition #SmartGrid #RenewableIntegration #ClimateFinance #CleanEnergy

Sydney-based Neara has closed a $45 million Series C funding round led by EQT Group, with support from Partners Group, Square Peg Venture Capital Ltd. , Prosus Ventures,and Skip Capital. This funding will accelerate Neara’s growth in North America and Europe, focusing on energy infrastructure modernization. Since 2019, Neara’s AI-driven platform has enabled utility companies to manage infrastructure more effectively by simulating scenarios and suggesting mitigation strategies. Jack Curtis, Neara CCO, said, “We are asking the grid to do more in the next 10 years than we have in the last 50.” https://lnkd.in/eGdvpK6K #ClimateTech #EnergyResilience #Infrastructure

Climate Insider is excited to highlight the launch of Sustain.AI, a programme developed by our collaborator Harry Wright at Bright Tide. 🌏 👏🏻 This initiative is designed to harness AI for meaningful action toward a net-zero and nature-positive future. The Sustain.AI programme, supported by partners including Hogan Lovells, University of Plymouth, AXA XL Insurance, Barclays, Unilever, Ecosulis, boatfolk, and Oak North Bank, officially kicks off on January 30, 2025, in London. 🇬🇧 Participants will receive 3-5 hours of weekly guidance and access to impactful networking opportunities, including an AI roundtable at the House of Lords. Why not apply today and be part of this journey. 👇🏻 For more information and application details, visit the links below: https://lnkd.in/d-XFRYEb #Ai #NetworkingOpportunities #BrightTide #Roundtable #ClimateInsider

Antares has raised $30 million in Series A funding led by Alt Capital and Caffeinated Capital to accelerate the development of its first microreactor, designed to fit in a standard shipping container and provide energy for critical infrastructure in remote locations. “America needs to return to iterative development of nuclear reactors through a design, build, and learn approach.” - Jordan Bramble https://lnkd.in/eRTg2W6t #infrastructure #funding #climateinsider

“Industry accounts for roughly 30 percent of global carbon emissions, with the majority stemming from fossil-fueled high-heat processes.” - Pasquale Romano San Diego-based startup RedoxBlox has secured $31 million in venture capital to commercialize its thermochemical storage technology. 👏🏻 Designed to provide high-temperature heat without fossil fuels for energy-intensive industries like food processing and cement production, the company’s proprietary system utilizes a specially developed metal oxide, allowing energy storage at temperatures exceeding 1,500 degrees Celsius. https://lnkd.in/eNqq72zV #VentureCapital #Funding #EnergyStorage #Thermochemical