Greece has approved 21 initiatives worth EUR 780 mn to protect marine biodiversity and address coastal pollution, Reuters reports, citing statements by Greek Prime Minister Kyriakos Mitsotakis. The initiatives will include the development of two marine parks that will observe 32% of Greece’s waters, one in the Ionian Sea and the other in the Aegean. The exact locations will be determined by early 2025 pending research, and the full strategy will be shared at the Our Ocean conference hosted in Athens this week. Other campaigns addressing plastic pollution and damaging fishing practices, as well as constructing charging stations for electric vessels are in the works, the PM said.

Japan’s Jera is considering an IPO to finance its green ambitions: Japanese power giant Jera is exploring a potential IPO to fund a renewable energy expansion plan, Co-CEO Yukio Kani told Bloomberg. The company needs JPY tns to reach its goal of generating 20 GW of renewable energy by 2035.

Expansion is in effect: Jera recently launched a global renewable energy business headquartered in London to boost low-carbon investments and meet decarbonization goals, according to a press release. Jera Nex will focus on developing and investing in wind, solar and battery storage projects. With an initial portfolio of 3 GW, it aims to reach 20 GW of renewable capacity through independent projects as well as partnerships and acquisitions.

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