> ## Content Index > Fetch the complete content index at: https://newsletters.qs.com/llms.txt > Use this file to discover other available public pages before exploring further. # โ›ฐ๏ธ Enviro Futures #11 - URL: https://newsletters.qs.com/enviro-futures-11/ - Published: 2024-10-07T11:30:27.000Z - Updated: 2024-10-07T11:30:26.000Z - Description: HolonIQ's Enviro Newsletter covers the latest developments in food systems, oceans and water, forestry and fishing, and highlights the week's top environment deals. - Author: QS - Tags: Green Skills **Happy Monday ๐Ÿ‘‹** The United States Department of Agriculture (USDA) has pledged approximately [$8B in financial aid ](https://igrownews.com/us-department-of-agriculture-latest-news/?ref=newsletters.qs.com)for the upcoming year to support farmers and producers in adopting sustainable agricultural practices. Globally, farming and livestock activities are responsible for roughly 60% of land degradation. Revo Foods, based in Austria opened the [world's largest factory for 3D-printed food](https://www.greenqueen.com.hk/revo-foods-3d-printed-salmon-filet-mycelium-mycoprotein-factory/?ref=newsletters.qs.com) this week while introducing a new whole-cut mycelium salmon fillet. Swiss Academy of Sciences identified that record heat in the summer resulted in [Swiss glaciers witnessing unprecedented melting](https://www.euronews.com/green/2024/10/02/swiss-glaciers-shrank-during-europes-record-hot-summer-despite-high-snowfall-in-june?ref=newsletters.qs.com) during the summer recording a 2.5% loss. Amidst growing scrutiny of misleading green claims in the United Kingdom, Tesco and Sainsbury's have come under fire for their take-back schemes for soft plastic recycling. Despite promoting these programs as environmentally friendly, investigations have revealed that [70% of the collected plastic waste is ultimately incinerated](https://www.greenqueen.com.hk/tesco-sainsburys-soft-plastic-recycling-list-packaging-burning/?ref=newsletters.qs.com). Furthermore, the EU [postponed the implementation of a law ](https://www.euronews.com/green/2024/10/03/deforestation-law-u-turn-signals-discord-over-green-deal-policy?ref=newsletters.qs.com)aimed at preventing the import of products linked to deforestation, drawing criticism from environmental groups but relief from affected businesses. ## **๐ŸŒฑ** Food Systems **๐Ÿž๏ธ USDA Announces $7.7 Billion for Conservation Assistance in 2025\.** The USDA announced up to $7.7B in financial assistance for fiscal year 2025 to help [producers adopt conservation practices on working lands](https://igrownews.com/us-department-of-agriculture-latest-news/?ref=newsletters.qs.com). **๐Ÿงช Revo Foods Unveils the World's Largest 3D-Printed Food Factory.** Revo Foods, a company specializing in 3D-printed food opened the [world's largest factory for 3D-printed food](https://www.greenqueen.com.hk/revo-foods-3d-printed-salmon-filet-mycelium-mycoprotein-factory/?ref=newsletters.qs.com) and introduced a new whole-cut mycelium salmon fillet. **๐ŸŒฑ Indonesian Firm Expands Plant-Based Offerings for Asia's Functional Food Market.** Sima Arome, an Indonesian company producing flavor extracts and essential oils, is ramping up its [plant-based offerings](https://www.nutraingredients-asia.com/Article/2024/10/02/sima-arome-rides-on-asia-s-shift-towards-plant-based-extracts?ref=newsletters.qs.com) to tap into the growing demand for functional products in Asia. ## ๐ŸŒŠ Oceans and Water **โ„๏ธ Swiss Glaciers Suffer Massive Ice Loss Amid Record Heat.** Swiss glaciers experienced [unprecedented melting during the summer](https://www.euronews.com/green/2024/10/02/swiss-glaciers-shrank-during-europes-record-hot-summer-despite-high-snowfall-in-june?ref=newsletters.qs.com), with August seeing the greatest ice loss on record, despite high snowfall earlier in June. High temperatures in July and August led to a loss of 2.5% of their volume this year. ## โ™ป๏ธ Environmental Services ## **๐Ÿ—‘๏ธ UK Supermarkets Misleading on Soft Plastic Recycling.** The take-back schemes by UK supermarkets Tesco and Sainsbury's to recycle soft plastics have misled consumers, with [70% of this waste being burned ](https://www.greenqueen.com.hk/tesco-sainsburys-soft-plastic-recycling-list-packaging-burning/?ref=newsletters.qs.com)instead. **๐Ÿš DOE Extends Deadline for $500M CO2 Transportation Infrastructure Program.** The U.S. Department of Energy extended the deadline for its [$500M Carbon Dioxide Transportation Infrastructure Finance and Innovation program](https://carbonherald.com/doe-extends-deadline-for-500m-co2-transportation-infrastructure-program/?ref=newsletters.qs.com) for projects across the United States. **โ™ป๏ธ Borealis Joins the Finnish Circular Economy Initiative.** Borealis, an Austrian raw materials company joined the Finnish government's [Circular Economy Green Deal](https://www.sustainableplastics.com/news/borealis-commits-finnish-circular-economy-green-deal?ref=newsletters.qs.com) as one of the first participants. ## ๐ŸŸ Forestry and Fishing ## **๐ŸŒณ EU Postpones Deforestation Law Implementation.** The European Commission [postponed the implementation of a law ](https://www.euronews.com/green/2024/10/03/deforestation-law-u-turn-signals-discord-over-green-deal-policy?ref=newsletters.qs.com)aimed at preventing the import of products linked to deforestation, drawing criticism from environmental groups but relief from affected businesses. ## ๐Ÿ‘— Textiles ## **๐Ÿ‘• California Tackles Fast Fashion Waste with New Textile Recycling Law.** California governor Gavin Newsom gave a green light to Senate Bill 707, known as the [Responsible Textile Recovery Act of 2024](https://www.just-style.com/news/california-takes-on-fast-fashion-with-new-textile-recycling-law/?ref=newsletters.qs.com) fueled by industry experts stressing the need for a federal waste policy to avoid "fragmented" state-level regulations. **๐Ÿ‘— Sri Lankan Garment Exports Rise in First Eight Months of 2024\.** Sri Lanka's garment exports rose by [2.3% to $3B in the January-August 2024](https://www.fibre2fashion.com/news/apparel-news/sri-lanka-s-garment-exports-up-2-3-to-3-bn-in-jan-aug-2024-298323-newsdetails.htm?ref=newsletters.qs.com), while textile exports declined. ## **๐Ÿ’ฐ** Environment Deals **๐Ÿงช ADNOC to Acquire German Chemical Giant Covestro in $12.9 Billion Deal.** ADNOC, through its subsidiary ADNOC International, signed an agreement to acquire the German chemical manufacturer [Covestro for $12.9B](https://www.offshore-technology.com/news/adnoc-to-buy-covestro/?ref=newsletters.qs.com). **๐Ÿฅค PepsiCo Expands Multicultural Snack Portfolio with $1.2B Siete Acquisition.** PepsiCo acquired Siete Family Foods, a Mexican-American food company founded in 2014, [for $1.2B](https://consumergoods.com/pepsico-grows-multicultural-snack-portfolio-12b-siete-acquisition?ref=newsletters.qs.com) to expand its multicultural snack portfolio. **๐Ÿฆ— Entosystem Secures $58M Funding for Expansion.** Entosystem, an insect farming company [raised $58M](https://igrownews.com/entosystem-latest-news/?ref=newsletters.qs.com) from investors Idealist Capital, Sanimax, and Fondaction to expand its production capacity and build a second commercial plant. **๐ŸŒพ AgroSpheres Secures $37M in Series B Funding.** AgroSpheres, a biobased solutions company in the agricultural industry, secured a [$37M Series B](https://igrownews.com/agrospheres-latest-news/%5C?ref=newsletters.qs.com) funding led by Zebra Impact Ventures' Regenerative Growth I strategy. **๐Ÿ”ฉ Metal Recycling Startup Secures $21M Series A Funding.** SUN METALON Inc., a company with innovative metal recycling technology, secured a [$21M Series A](https://www.voxelmatters.com/sun-metalon-secures-21-million-in-series-a-funding/?ref=newsletters.qs.com) funding. --- **Thank you for reading. Have a great week ahead!** Have some feedback or suggestions? Let us know at hello@holoniq.com [ ](https://newsletters.qs.com/psychedelic-mental-health-treatments-south-asia-health-tech-100-2/)