Oil and gas firms agree 'unprecedented' $1bn climate funding

Michael Holder
clock • 3 min read

Oil and Gas Climate Initiative launch fund to accelerate CCS, cut methane emissions and boost transport and industry energy efficiency

A group of major oil and gas companies today unveiled plans to invest more than $1bn towards tackling climate change by accelerating development of low emissions technology such as CCS and energy efficiency...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Global renewables investment sets fresh record for first half of the year

Global renewables investment sets fresh record for first half of the year

Latest figures from BloombergNEF show renewable energy investment rose 10 per cent during the first six months of the year, despite slump in US funding and slowdown in asset finance

James Murray
clock 26 August 2025 • 3 min read
National Wealth Fund provides £300m loan guarantee to Haweswater Aqueduct Resilience Programme

National Wealth Fund provides £300m loan guarantee to Haweswater Aqueduct Resilience Programme

Rachel Reeves hails deal as evidence of how new government-backed fund is catalysing investment and enhancing climate resilience

James Murray
clock 22 August 2025 • 2 min read
Survey: Younger people leading drive towards greener pensions

Survey: Younger people leading drive towards greener pensions

OVO-commissioned study reveals under 35s are nearly three times more likely than those over 65 to know exactly where their pension is invested

BusinessGreen staff
clock 21 August 2025 • 2 min read