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.
IIGCC has released net zero guidance for infrastructure, taking the total number of asset classes covered by the Net Zero Investment Framework (NZIF) to five.
Natural disasters resulted in global economic losses of USD 275 billion in 2022, of which USD 125 billion were covered by insurance, finds Swiss Re.
New data released by CDP shows how global companies are taking action to stem the global water crisis and stand ready to reap major financial rewards as a result.
There are multiple, feasible and effective options to reduce greenhouse gas emissions and adapt to human-caused climate change, and they are available now, said scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report.
New data released by CDP shows that companies are falling behind on tracking supply chain emissions and risk missing completely mandatory regulation on nature in supply chains
The European Commission has announced a new Net-Zero Industry Act to scale up manufacturing of clean technologies in the EU and make sure the Union is well-equipped for the clean-energy transition.
The UK has a ‘golden opportunity’ to become a world leader in the production of emissions-free synthetic fuels using nuclear energy, according a new report by energy consultants Equilibrion and the Nuclear Industry Association.
Scottish Widows’ new nature and biodiversity report outlines recommendations to mobilise private sector investment to complement public sector action on nature.
Financial institutions need to build a framework that will enable them to anticipate change and adapt their strategies accordingly to achieve a successful transition to a sustainable future.
The Institute of Directors is calling on the UK government to be significantly more active in incentivising green industries and technologies.