Martin Giles

The European Investment Fund has earmarked €30 million for PureTerra II, a water-technology venture capital fund that will back early-stage European companies scaling solutions for treatment, recycling and monitoring.

Sweep and Climatiq have launched a joint offering that pushes suppliers to generate auditable product carbon footprints (PCFs) rather than rely on industry averages, a response to incoming disclosure rules in the EU and California that will require primary data.

Deutsche Bank has reported a record €32 billion in sustainable and transition financing during the third quarter of 2026, a 42% increase from the same period last year. The surge brings the bank's cumulative sustainable finance volume to €555 billion since 2020, positioning it well to meet its €900 billion target by 2030.

The LEGO Group has taken a significant step toward decarbonising its supply chain by integrating e-methanol—a renewable alternative to fossil-based plastics—into the production of over 90 essential components, including cross axles, connectors, and Minifigure hands. This initiative follows a 2023 agreement with European Energy to source e-methanol from a newly operational Power-to-X plant in Denmark, which produces the material using renewable electricity, water, and captured CO₂. The plant achieves up to a 97% reduction in carbon footprint compared to conventional methanol, marking a critical advancement in sustainable manufacturing.

Emvolon's $22 million Series A funding round marks a pivotal moment in the fight to decarbonise hard-to-abate industries, positioning the MIT spinout at the forefront of a decentralised clean energy revolution. The company's modular chemical systems, which convert waste methane from landfills, dairies, and wastewater plants into sustainable fuels like methanol, offer a scalable alternative to traditional, capital-intensive gas-to-liquids infrastructure. By repurposing commercial engines into onsite reactors, Emvolon bypasses the need for costly centralised processing, cutting both capital expenditure and logistical complexity.

The European Commission's effort to harmonise sustainability reporting for large non-EU companies operating within the bloc faces a critical test, as two influential advisory groups have urged regulators to abandon a diluted approach that would allow foreign firms to disclose less information than their domestic counterparts.

Terradot has secured the largest disclosed debt financing yet for enhanced rock weathering, closing a senior secured term loan of up to $34 million from HASI, the climate-focused infrastructure investor. The capital will fund Terradot's expanded rock weathering projects across the US and Brazil, providing a clear pathway to scale a technology that accelerates the natural process of atmospheric CO₂ removal while improving soil health.

Singapore Airlines has taken a decisive step toward decarbonising its fleet by securing a binding agreement to purchase sustainable aviation fuel (SAF) from Aether Fuels' upcoming Project Beacon plant in Singapore. The deal, announced on Friday, commits the airline to acquiring up to 4,800 tonnes of SAF over three years, with deliveries scheduled to begin in 2028. This marks the first airline purchase of SAF produced using Aether's proprietary technology, which converts waste carbon feedstocks—such as industrial emissions, biogas, and gasified municipal solid waste—into aviation fuel.

Institutional investors are sharpening their focus on sustainable investments, with more than 80% planning to increase allocations over the next two years—a commitment that reflects growing confidence in both financial returns and risk management, according to Morgan Stanley's latest *Sustainable Signals* survey.

Salesforce has agreed to purchase 500,000 carbon credits from agricultural methane reduction specialist Mitti Labs over five years, adding to a growing pipeline of tech-led climate finance that targets superpollutants rather than CO₂ alone.