Finalist News Highlights – Big Money, Bold Bans and Record-breaking Results

Bonds for Ocean Conservation have announced a new partnership with Britain’s biggest asset manager, Legal & General, and specialist credit firm, Enosis Capital, that will unlock $1 billion over five years for marine protection.

“From news of a transformational $1 billion being unlocked for ocean conservation to a ban on climate-damaging advertisements in public places and a record-breaking carbon credit project, our Finalists are creating genuine real-world impact”

The Earthshot Prize

The 2025 Earthshot Prize Finalist helps governments refinance their national debt, freeing up money that can be invested into projects that revive our oceans.

The Earthshot Prize

The money made available through this latest partnership will be transformational in helping governments reliably fund long-term activities that both protect marine ecosystems and strengthen the resilience of communities on the frontline of climate change.

Part of a growing movement across the Netherlands, The City of Amsterdam is set to ban climate-damaging advertising.

Due to come into force in May this year, the new policy will mean adverts for fossil fuel and meat products will not be allowed in public spaces or on the city’s public transport network.

The Earthshot Prize

In 2022, The City of Amsterdam was an Earthshot Prize Finalist in the Build a Waste-Free World category for their work to make the city a fully circular economy.

This latest move is another step forward towards a sustainable future for millions.

2025 Finalist Form Energy is teaming up with Xcel Energy and Google to deploy a massive iron-air battery system.

“From news of a transformational $1 billion being unlocked for ocean conservation to a ban on climate-damaging advertisements in public places and a record-breaking carbon credit project, our Finalists are creating genuine real-world impact”

The Earthshot Prize

This project will power a new AI data centre with reliable, affordable renewable energy and, at 30 GWh, will be the largest battery system by energy capacity ever announced globally.

Form Energy’s iron-air batteries can store electricity for 100 hours, creating a future where cheap, reliable energy is available to everyone.

Based in the heart of the American Rust Belt, they are creating hundreds of jobs and retraining a new generation of skilled workers with a technology that can change the world.

The Emissions Market Accelerator, one of the key players behind 2025 Clean Our Air Finalist, The State of Gujarat, announced during Mumbai Climate Week that they are expanding their cap-and-trade scheme to more Indian states.

With discussions advancing positively in Rajasthan, their work in Maharashtra would be India’s first market-based scheme to reduce levels of harmful sulphur dioxide and would cover 17 of the state’s most polluting sectors.

The Earthshot Prize

2021 Finalist, SOLshare, and 2023 Winner, GRST, have joined forces to replace the toxic lead-acid batteries in five million electric rickshaws in Bangladesh with water-recyclable lithium-ion batteries.

By pairing GRST’s sustainable battery technology with SOLshare’s payment and monitoring systems, the new batteries are much more efficient and prevent harmful “forever chemicals” from entering the environment, and each battery replaced represents a 2.5 tonne reduction in carbon emissions while directly boosting driver incomes.

2023 Fix our Climate Finalist, Boomitra, has released the largest amount of soil carbon credits in history, generating over 3 million credits independently verified by Verra through their Grassland Restoration Project in Northern Mexico, and they return at least 75% of this revenue directly to ranchers so local communities earn a reliable living from protecting the land, with organisations like Deloitte and Ethereum already on board.