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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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million) Series A financing round. Trafigura, TechEnergy Ventures and Doral Energy-Tech Ventures also participated in the financing. Leveraging the funding, OXCCU plans to accelerate its path to market by scaling its catalytic approach to convert hydrogen and carbon dioxide into SAF and other sustainable fuels.

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Mayor of London announces £70M+ green fund to finance low carbon waste and recycling infrastructure

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The Mayor of London, Boris Johnson, announced an innovative fund totalling at least £70 million (US$114 million) which will finance low carbon waste and recycling infrastructure. The London Green Fund is the first UK fund to combine European, public and private finance to invest in environmental infrastructure.

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Geely raises $400M via Green Bonds sale to develop and produce TX5 range-extended electric London taxis

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China’s Zhejiang Geely Holding Group (ZGH) has raised $400 million through the first Green Bond sale on the offshore market from a Chinese automobile company to support the design, development and production of range-extended electric vehicles by its UK subsidiary, the LondonTaxi Company (LTC), manufacturer of the iconic London Black Cab.

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H2X Global secures US$57M from Verde Mobility to deliver on US$300M in fuel cell vehicle orders

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The deal will finance the delivery of H2X Global’s US$300 million in purchase agreements for vehicles that include the Warrego (utility vehicle), Paroo (garbage/deliver/concrete trucks), and Swan (passenger bus). The funds will also support H2X Global’s planned listing on the London Stock Exchange.

Global 195
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SITA UK and Cynar to build UKs first commercial plants to convert waste plastic to diesel

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Cynar is a UK company established to commercialize the ThermoFuel technology exclusively licensed to it in the UK and Ireland by its owners, Ozmotech Pty Ltd. The objective of the new agreement is to build 10 UK plants dealing with 60,000 tonnes of mixed plastic waste per year and to commission the first plant in London by end 2011.

Waste 231
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Clean water company Ostara raises $14.5M for major expansion

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million private equity financing. Led by VantagePoint Capital Partners, a global investor in energy innovation and efficiency, the financing also included existing Ostara investor, London-based Frog Capital and a group of new investors including Waste Resources Fund L.P., Ostara Nutrient Recovery Technologies Inc.,

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Shipping sector proposes US$5 billion R&D program over 10 years to cut emissions

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The 2050 target will require a carbon efficiency improvement of up to 90%, which is incompatible with a continued long-term use of fossil fuels by commercial shipping. The shipping industry’s proposal will be discussed by governments in London at the next meeting of the IMO Marine Environment Protection Committee in March 2020.

Emissions 195