The Loss and Damage Fund has approved a $20 million grant to aid Nepal’s recovery from catastrophic flooding that displaced thousands. The funding will support infrastructure repairs, healthcare, and livelihood restoration in the hardest-hit regions. "This grant is a lifeline for communities struggling to rebuild," said a spokesperson for the fund.

The UN-backed climate disaster fund has allocated $20 million to Nepal to address the impacts of severe flooding linked to climate change. The aid will prioritize vulnerable populations, including women and children, in rural and urban areas. Officials noted the funding comes as Nepal faces its worst humanitarian crisis in decades.

Tunisia’s 2027 budget includes a plan to open 1,100 megawatts of solar and wind energy projects to foreign investors. The move aims to reduce reliance on fossil fuels and attract up to $1.5 billion in private capital. "This is a historic step for Tunisia’s energy independence," said the country’s energy minister.

Lake Energy has unveiled a financial model that guarantees attractive returns for investors in renewable energy projects. The approach targets emerging markets where traditional financing has struggled to scale clean energy. "We’re bridging the gap between risk and reward," said the company’s CEO.

Mphasis has had its near-term and net-zero emissions reduction targets validated by the Science Based Targets initiative (SBTi). The validation covers the company’s commitments to halve emissions by 2030 and reach net-zero by 2050. "This recognition underscores our commitment to sustainability," said Mphasis CEO Nitin Rakesh.

A new analysis argues that open emissions reporting (OER) requires stronger market incentives to drive adoption. The report calls for regulatory frameworks that reward transparency and penalize greenwashing. "OER can’t thrive on obligation alone," said the author.