BREAKING: COP26 climate protesters storm the City, Greta Thunberg on her way to Square Mile October 29, 2021 Several streets across the City have been taken over by protestors this afternoon as they demand that financial institutions no longer finance or invest in fossil fuels. Activists chanted “Ensure our future, not pollution” as they made their way from Lloyd’s of London to Macquarie Capital. They want the banks stop their support of fossil [...]
UK tables draft agreement to set global aviation emissions target at COP26 October 28, 2021 The UK has reportedly tabled a draft agreement to slash aviation emissions to levels aligned with the Paris Agreement ahead of COP26. The Paris Agreement, though it does not specifically address international aviation emissions, commits countries to limit global temperature increases to 2C this century and aim for 1.5C. The government received a raft of [...]
Climate jargon debunked: Just one in 10 Brits know what COP26 is October 28, 2021 Just one in 10 Brits know what COP26 is, according to a new study by E.ON, as the UN’s flagship climate conference looms at the tail-end of this weekend. More than 80 per cent of the population would do more for the environment if they were given simpler information about what action to take, the [...]
World’s SMEs will need as much as $50 trillion to make net zero, says HSBC and BCG report October 28, 2021 The world’s small and medium-sized enterprises (SMEs) will need as much as $50 trillion worth of investment to meet net zero, according to a joint report by HSBCs and the Boston Consulting Group. Smaller businesses have struggled amid the decarbonisation push, which seeks to reduce the world’s emissions to avoid climate change, as they have [...]
COP26: Change your diet and fly less to help save the planet, Sir Patrick Vallance warns October 28, 2021 Behavioural changes such as eating less meat and flying less, as well as green technology to tackle the climate crisis, the UK’s chief scientific adviser has said. Sir Patrick Vallance made the comments as he joined senior scientific advisers from around the world to issue a statement ahead of the Cop26 climate talks, calling on [...]
Budget ‘missed opportunity’ to use tax to get UK to net zero target, says City law firm October 28, 2021 The Budget has missed the opportunity to incentivise taxpayers to help achieve net zero, according to one of the main City law firms. Whilst the Chancellor has announced tax changes to encourage businesses to invest in green technology, the Chancellor also rolled out a cut in fuel duty and air passenger duty, potentially denting the [...]
Climate activists hold night protest against Science Museum’s fossil fuel partnership October 27, 2021 Student climate activists hold a protest inside London's Science Museum over its sponsorship deals with fossil fuel companies.
Nearly 60 per cent of firms will miss UK net zero target, says Microsoft report October 27, 2021 Just over 40 per cent of UK firms are on track to meet the government’s net zero target of 2050, new research from Microsoft and the University of London has revealed. The figures suggest that the country’s net zero efforts may be far more difficult to achieve if the majority (59 per cent) of firms [...]
Bowing out: The Queen will no longer attend Cop26 October 26, 2021 Buckingham Palace has announced that the Queen will no longer be attending Cop26, as she follows doctor’s advice to rest. Queen Elizabeth was due to be in Glasgow for the climate conference on Monday to host an evening reception for world leaders, however will “regretfully” no longer be able to attend. A statement issued by [...]
Ray of light ahead of COP26: Nine in ten Brits are greener than five years ago October 26, 2021 Nearly nine in 10 British consumers have become greener in their purchasing over the last five years, according to new research shared with City A.M. today. Moreover, a third of UK consumers are prepared to pay more for sustainable products and services. Those UK consumers were willing to pay on average 25 per cent more [...]