Global Climate and Energy News
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Revyve raises €24M to scale yeast egg-replacements
Revyve has announced a Series B financing round of nearly €24 million to accelerate commercial rollout and scale production of functional yeast proteins that replace eggs and additives.
Putin and Ethiopia PM sign nuclear project Action Plan
The Kremlin announced that President Vladimir Putin met with Prime Minister Abiy Ahmed and witnessed exchange of an Action Plan between the State Atomic Energy Corporation Rosatom and the Ethiopian Electric Power Corporation on the development of a nuclear power plant project in the Federal Democratic Republic of Ethiopia.
Germany launches second funding round for hydrogen
Germany’s Federal Ministry for Economic Affairs and the Federal Ministry of Research have launched a second international funding call to back renewable hydrogen and derivative projects in non-European countries.
Putin announces closed fuel-cycle nuclear system by 2030
President of Russia Vladimir Putin addressed the Global Atomic Forum and announced that Russia plans to launch the world’s first nuclear power system with a closed fuel cycle in the Tomsk Region by 2030, and that an International Research Centre in the Ulyanovsk Region will test advanced materials for the closed cycle.
Brazil Pledges US$1bn to Tropical Forests Fund Ahead of COP30
President Luiz Inácio Lula da Silva announced Brazil will invest US$1 billion in the Tropical Forests Forever Fund (TFFF) and urged global seriousness on climate ahead of COP30 in Belém (November).
Contracts signed for two UK carbon capture projects
The UK government announced that two carbon capture projects — Padeswood (Heidelberg Materials UK) and Protos (Encyclis) — have signed final contracts with the Low Carbon Contracts Company and are ready to begin construction.
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