Cyan Ventures’ Post

Interested in the key developments in sustainability investing? This week spotlights significant progress, such as Zero Petroleum's plan to establish a synthetic sustainable aviation fuel plant in South Australia and Greece's partnership with the EU to decarbonize its tourism-reliant islands. Here are some of the latest updates on major project announcements and policy developments: 🏆 Major project/investment announcements and milestones: 1️⃣ Origin Energy is expanding the Eraring battery, making it Australia’s largest and one of the world’s biggest. The upgrade adds 700 MWh of storage, turning it into a four-hour battery rated at 460 MW and 1770 MWh, better suited to evening demand peaks. https://lnkd.in/g3KsV_Ku 2️⃣ Zero Petroleum will build a sustainable aviation fuel (SAF) plant in Whyalla, South Australia. The facility, named Plant Zero.SA, will produce synthetic SAF. A feasibility study is underway with support from Adelaide Airport and Qantas. https://lnkd.in/eTYa7kdM 3️⃣The BNP Paribas Future Forest Fund will invest in certified sustainable timber assets across the U.S., Australia, New Zealand, and Europe, with an initial US$130M raised and a target size of US$500M. https://lnkd.in/dnt8PZyq 🏫 Policy developments: 4️⃣Bolivia plans to sell US$5 billion in carbon offset credits to combat deforestation. The initiative aims to halt forest loss by 2030. Countries and companies can offset emissions by funding climate projects. https://lnkd.in/dQUrwwGc 5️⃣ Greece has signed an agreement with the European Commission and the European Investment Bank (EIB) to establish a fund supporting its tourism-dependent islands in transitioning away from fossil fuels and lowering energy costs. https://lnkd.in/gwgBMWAM Fraser Thompson Shaun Chau Kumbi Gutsa Michael Robinson Bridget Holloway Branden Lay #Sustainabilitynews #Sustainableinvesting

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