New report finds that wind and solar have overtaken fossil generation in the EU
New data from energy think tank Ember shows that wind and solar produced more EU electricity than fossil fuels in May, for the first full month on record.
Ofgem to receive legal mandate to prioritise the UK’s 2050 net zero target
Ofgem has welcomed the Government’s amendment to the Energy Bill giving the regulator a statutory net zero duty.
IIGCC and TPI Centre launch Net Zero Standard for Banks and Net Zero Banking Assessment Framework
The Institutional Investors Group on Climate Change (IIGCC), in consultation with the Transition Pathway Initiative Global Climate Transition Centre (TPI Centre), has launched a Net Zero Standard for Banks setting out investor expectations on the transition to net zero.
World’s asset managers failing to use their influence to stem biodiversity loss and climate change
ShareAction has released its latest analysis revealing how the world's largest asset managers are failing to use their influence to stem the dual crisis of biodiversity loss and climate change.
UN roadmap outlines solutions to cut global plastic pollution ahead of World Environment Day
Plastic pollution could reduce by 80 per cent by 2040 if countries and companies make deep policy and market shifts using existing technologies, according to a new report by UN Environment Programme (UNEP).
Oxford PV sets new solar cell world record
Oxford PV has set a new world record for the efficiency of a commercial-sized solar cell, marking a significant breakthrough in the drive towards a low-carbon global economy.
Cutting-edge farming projects to get share of £30 million
Up to £30 million has been awarded to cutting-edge farming projects that will boost food production, move towards net zero, and create a more resilient and sustainable agricultural sector.
Diageo invests in new project to create a circular economy for aluminium in UK
Diageo has announced that it has provided funding to establish the British Aluminium Consortium for Advanced Alloys (BACALL), a collective of industry experts who will create a circular economy for aluminium in the UK.
New report finds investors not waking up to nature loss risk
New analysis from Planet Tracker finds investors not waking up to nature loss risk, with majority voting against biodiversity proposals.
RWE announces development proposals for three new carbon capture projects across the UK
RWE has announced plans to progress three new carbon capture projects.
New report finds limiting global warming to 1.5°C would save billions from dangerously hot climate
Current climate policies will leave more than a fifth of humanity exposed to dangerously hot temperatures by 2100, new research suggests.
UK Government to redouble commitment into global infrastructure investment
UK Prime Minister Rishi Sunak had redoubled the UK’s commitment to mobilising billions in public and private finance to help get the Sustainable Development Goals back on track at the G7 in Japan.
New report analysing European Green Deal warns of governments’ key role in ensuring implementation
A new report by think tank Strategic Perspectives analyses the impacts the European Green Deal will have on businesses and households.
Danish Energy Agency awards Ørsted new contract to capture and store 430,000 tonnes of biogenic CO2
The Danish Energy Agency (DEA) has awarded Ørsted a 20-year contract for its carbon capture and storage (CCS) project ‘Ørsted Kalundborg Hub’.
More public companies are making climate commitments but deadline to limit warming to 1.5°C shrinks
The number of global public companies making climate commitments has steadily grown this year, but these targets vary significantly in their comprehensiveness and ambition, according to the latest MSCI Net-Zero Tracker.
UK Government announce funding for low-cost heat initiative in push to drive down energy bills
The UK’s first system drawing heat from deep underground to provide low-cost heating for nearly 4,000 homes is one of 7 innovative projects backed by government funding.