Green Finance

In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers Mission Barns' newest cultivated meat, Waitrose's whole-food plant-based…
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The World Bank has asked countries to redirect their subsidies away from livestock farming and towards low-emission products, encouraging greater adoption of alternative proteins for a more secure planetary future. In a landmark report…
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Chinese plant protein company Baichuan Bio Tech is preparing for an IPO, having registered for consultation with the Zhejiang Securities Regulatory Bureau. Baichuan Bio Tech, a plant-based manufacturer specialising in soy fibre protein,…
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Despite a downturn in investment and economic contribution, sales of plant-based meat in Australia have grown from pre-pandemic levels, with a greater number of brands and a smaller price gap with conventional proteins. Food Frontier CEO…
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British cultivated meat company Meatly has created a first-of-its-kind protein-free culture medium that can significantly reduce the cost of manufacturing these proteins. Ahead of its impending regulatory approval in the UK, Meatly has…
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New Zealand startup Jooules has raised NZ$1M (about $600,000) in funding to advance its gaseous fermentation technology, which converts carbon emissions streams into protein for food ingredients. Wellington-based Jooules secured the…
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UK plant-based meat challenger brand THIS is launching the country's first nationally distributed vegan chicken thighs, starting with Tesco next week. THIS, the cult-favourite plant-based meat brand, is rolling out a first-to-market…
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After taking measures to turn its losses around, Oatly's quarterly losses have narrowed by 39% from the previous year, and revenue swelled by 1.8% in a performance exceeding analysts' expectations. A strategic reset in China, expanded…
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In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers Vow's Tippling Club collab, US bans on cultivated meat, and a climate…
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Impossible Foods is considering a "liquidity event" that could see the plant-based meat giant raise more capital, go public or even be sold to another company in the next few years. As plant-based meat fights back after a difficult…
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Amid investor pressure, sales declines and negative media coverage, the alternative protein sector is navigating a "correction phase", but there is cause for optimism, according to ProVeg International. We've all seen the headlines.…
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The Bezos Earth Fund has announced an AI for Climate and Nature Grand Challenge, promising up to $100M in grants for solutions leveraging artificial intelligence – and alternative proteins are one of its key focus areas. In what is…
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Australian food tech company Eighth Day Foods is in the process of finding buyers for its fermentation technology and the business itself, with the aim to focus on scaling up as part of a mature multinational company. Eighth Day Foods,…
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In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers Beyond Meat's new product rollout, a new precision-fermented dairy fat,…
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An ESG leader and one of the world's largest CPG companies, Unilever is pushing back its climate and social pledges amid increased pressure to focus on financial goals above everything else. Unilever is either abandoning or watering…
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A new report documents the banking industry’s investments in the meat and dairy industry and its climate pollution. Three of the largest banks in the United States are also some of industrial agriculture’s biggest funders, according to…
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Alternative protein think tank the Good Food Institute has released its annual State of the Industry series of reports, covering plant-based, cultivated and fermentation-derived proteins. Here are the key takeaways. Political resistance…
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In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers Macalat's mycelium-derived vegan chocolate, a blended meatloaf launch,…
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Californian precision fermentation pioneer Perfect Day has been sued for $134M by its Italian manufacturing partner Olon for breach of contract, fraudulent inducement, and fraudulent concealment. A leader in the precision-fermented…
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Dutch cultivated meat pioneer Mosa Meat has raised €40M ($42.4M) in a new funding round to support the "next phase" of the company's growth, with a public tasting of its burger imminent ahead of its launch in Singapore. The company that…
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UK oat milk brand Minor Figures saw losses grow to nearly £10M last year, citing inflationary pressures and a downturn in the Asia-Pacific market – but its overall revenues jumped to £31.8M, and the company is now on the path to becoming…
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