Financial institutions face unique challenges in their approach to transition pathways, so they need to adapt financing tools for every sector of the economy that is seeking financing.
The world’s largest multi-use electricity power line will be built under the North Sea, boosting UK energy supplies with enough to power 1.8 million homes – more than Birmingham and Manchester combined.
European Energy enters agreement with Novo Nordisk and the LEGO Group to deliver e-methanol as a lower-carbon alternative to conventional plastic production
Canopy will receive $60 million in funding to catalyse the commercial production of low-carbon and circular solutions across the globe.
IIGCC publishes Net Zero Standard for Oil & Gas, a new framework for investors to assess alignment of oil and gas companies’ transition plans with a 1.5oC climate scenario.
Biden-Harris Administration proposes new standards to protect public health that will save consumers money, and increase energy security.
We Mean Business, among other global organisations, urge G7 to achieve fully decarbonised power systems by 2035.
The EY Sustainable Finance Index (SFI) 2022 offers insight into how financial services firms have improved their disclosure on underlying environmental, social and governance (ESG) measures – and this, in turn, is driving better performance.
Analysis led by the Green Finance Institute, backed by Defra and the Bank of England, will quantify UK financial and economic risks from exposure to nature degradation.
For the first time, companies including Bank of America, JPMorgan Chase & Co., Meta and clean energy nonprofit RMI are joining together through the Sustainable Aviation Buyers Alliance (SABA) to purchase sustainable aviation fuel (SAF) certificates at scale.
Sales of heat pumps in Europe grew by 40% in 2022, according to the latest IEA analysis, marking a second year of double-digit growth for the central technology in the world’s transition to secure and sustainable heating.
Analysis by EY reveals that only 5% of FTSE 100 companies have so far disclosed transition plans that would be deemed ‘credible’ or sufficiently detailed under draft Government guidance.
UK Infrastructure Bank has announced it intends to invest up to £200 million across two investment funds to accelerate the development and deployment of crucial storage technologies, helping to drive the country’s transition to a cleaner, greener and more resilient electricity network.
Scottish Widows has announced the launch of a new Global Environmental Solutions Fund, focused on directing pension investment into companies that provide solutions to critical environmental issues, such as global greenhouse gas emissions, food security, pollution and biodiversity loss.
Three cutting-edge projects will receive a share of £9.13 million in government funding to carry out research and development on proposals to boost agricultural productivity, sustainability and climate resilience.
Government must develop stronger staying power and focus on fewer, bigger, better targeted initiatives to deliver the infrastructure needed to meet its long term goals for economic growth and a lower carbon economy, the UK’s independent advisers on infrastructure have said.