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

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

Ørsted presses pause on 2.4GW Hornsea 4 offshore wind project 'in its current form'

IEA: Fossil fuel industry failing to curb 'stubbornly high' methane emissions

More on Investment

Pension schemes 'pulling ahead' of sponsors on ESG progress, LawDeb says
Investment

Pension schemes 'pulling ahead' of sponsors on ESG progress, LawDeb says

Research finds finance leaders believe pension schemes are taking a lead on environmental targets and social impact

Holly Roach, Professional Pensions
clock 07 May 2025 • 2 min read
HSBC shareholders urge bank to reaffirm net zero commitment
Investment

HSBC shareholders urge bank to reaffirm net zero commitment

Investors managing £1.2tr in assets sign statement to be read at HSBC’s AGM today warning that weakening its climate policies would put it 'out of step' with other European financial firms

Michael Holder
Michael Holder
clock 02 May 2025 • 5 min read
FSC and Mirova team up to channel funds into 'critical line of defence against climate change'
Investment

FSC and Mirova team up to channel funds into 'critical line of defence against climate change'

Forest Stewardship Council and B Corp asset manager announce new partnership to better align investments with responsible forest management

Stuart Stone
Stuart Stone
clock 29 April 2025 • 2 min read