Which City is it again? CNN reporter appears to confuse Edinburgh with Glasgow in COP26 tweet November 1, 2021 CNN reporter, Wolf Isaac Blitzer, has been criticised on social media for posting a tweet about COP26 in Edinburgh when the conference is being hosted in Glasgow, Scotland.
COP26: Meaningful action or a load of hot air? November 1, 2021 City of London Corporation policy chair Catherine McGuinness urged on Friday that we must “ensure that COP26 is about action, not just ‘blah blah blah’,” if we are to finance the transition to net zero and meet the challenge Greta Thunberg has thrown down to us. Her call for meaningful action follows the UN’s weather [...]
COP26: Trains to Glasgow cancelled over a fallen tree, leaving travellers stranded October 31, 2021 Trains to Glasgow the day the UN’s flagship climate conference COP26 kicks off have been cancelled due to a fallen tree – leaving travellers and journalists stranded. Financial Times chief political correspondent Jim Pickard said it “feels like a metaphor for the climate talks”, following last night’s stormy weather. Travellers have been advised to wait [...]
Rolls-Royce and Qatar set to launch multibillion fund for UK green engineering startups October 31, 2021 Rolls Royce and Qatar have joined forces to launch a fund to inject billions of pounds into UK green engineering startups in a move that could create up to 10,000 UK jobs in the next few years. In what would represent one of the biggest-ever inward investment projects in the UK, the gas-rich state is [...]
UK donating tens of millions of Covid jabs to developing nations October 30, 2021 The Prime Minister has said the UK is set to donate tens of millions of coronavirus vaccines to developing nations. An additional 10 million doses of the Oxford-AstraZeneca jab will be donated over the coming weeks through the COVAX programme. This means the total sent for the year will hit 30.6m. There will be a [...]
Why chartered accountants are crucial to the fight against climate change October 29, 2021 | City Talk Anne Adrain, Head of Sustainability and Reporting at ICAS, explains how chartered accountants (CAs) are crucial to the fight against climate change and why ICAS is committing to net zero. This article first appeared in ICAS’ CA magazine. The arrival of November means the 2021 United Nations Climate Change Conference, better known as COP26, is finally [...]
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 [...]