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Showing posts from October, 2021

UK PM and Bill Gates announce new green partnership

U.S. business magnate Bill Gates and UK Prime Minister Boris Johnson have made it to the headlines for announcing a new partnership between the government and the Breakthrough Energy Catalyst. The deal entails a substantial amount to be invested in next-gen clean energy technologies. For the unversed, Catalyst is a vital program within the Breakthrough Energy network and brings together a variety of parties – businesspersons, philanthropists, and governments, to invest in climate technologies. Catalyst focuses on four major green technology areas including long term energy storage, direct air capture, green hydrogen, and sustainable aviation fuels. As per sources, the UK government has already pledged to commit GBP 200 million to develop UK projects in these four areas as a part of the GBP 1 billion Net Zero Innovation Portfolio. Businesses that have had tie-ups with the Breakthrough Energy Catalyst will match fund GBP 200 million of that investment to help market these technologies...

Mars embarks on new initiative to reduce GHG emissions across value chain

Mars, Incorporated, has declared that it has a new mission in mind. The company has strengthened its commitment to accomplish a state of net zero GHG emissions spanning its overall value chain, by the year 2050. Mars’ mission aligns with the prestigious Paris Agreement, one of the most ambitious climate change action plans, that aims to limit global temperature rises up until 1.5 °C. Grant F. Reid, Chief Executive Officer, Mars, has some real-time insights into the present climate change situation. He has been quoted to state that faster initiatives must be taken at this point of time, since climate change is already well on its way to affecting people and to eliminate this threat, net zero targets must be implemented seamlessly, across whole distribution networks and the results must be depicted soon enough, instead of having to waiting for ages. Reid acknowledges the fact that a lot of loopholes exist in some net zero commitments that reduce their credibility and at large, the cli...

Thrive Alternatives officially launches to reshape private market industry

Thrive Alternatives has established itself as a private funds advisory firm and has officially announced its entry in the private market sector. The company has taken root with the aim to address the vital role that Asia has, as an investment hub. Furthermore, Thrive also prides itself on its mission of bridging the market gap for intelligent technology necessary for institutional fundraising in the future as well as global capital markets. Thrive Alternatives is headquartered in Singapore. The firm has provided Limited Partners and General Partners a much better access to market information worldwide, that has been fragmented and siloed geographically. Thrive has also adopted Asense, thereby depicting its commitment to pour in capital in technologies that help address the complexity of client requirements, which is currently lacking in the industry. For the record, Thrive is presently being led by Co-Founders and CEOs, Gianluca D'Angelo and Jackson Chan. While D'Angelo was ...