UK’s second green gilt secures over £70bn of investor demand October 21, 2021 More than £74bn has been offered to the government in demand for its second green government bond which had its order book gates thrown open today. It comes a month after its first green gilt which attracted a record £100bn in demand from hungry investors. The appetite for environment, social and governance (ESG) focussed loans [...]
UK consumers are more worried about climate change than Covid, as COP26 nears October 21, 2021 Climate change is a bigger concern for UK consumers than the Covid-19 pandemic and or the economy. SEC Newgate ESG Monitor has published a research study of public attitudes to environmental, social and governance (ESG) principles, revealing that 71 per cent of British people are concerned about climate change. The percentage of people that put [...]
COP26: Scotland’s green mission as it turns whiskey into fuel October 21, 2021 Just days before Glasgow welcomes leaders from around the world to the United Nations climate summit, COP26, the founder of a Scottish biotech company is calling for action, not targets. Watch the full report.
Countries are lobbying to change climate report ahead of COP26 October 21, 2021 Leaked documents have shown that several countries – including Australia, Saudi Arabia and Japan – are lobbying to change an important climate report ahead of the COP26 summit, the BBC reported. Countries are reportedly asking the UN to downplay the need to move away from fossil fuels, in addition to paying poorer countries more to [...]
COP26: Khan to call for cities like London to have greater powers and funding October 20, 2021 London mayor Sadiq Khan will use the upcoming COP26 to vouch for cities like London to have greater powers and funding. It forms part of the mayors bid to “tackle the twin dangers of the climate emergency and toxic air pollution”, his spokesperson told City A.M. “The mayor will use COP26 to highlight how London is [...]
Watch UK’s net-zero strategy: 440,000 new jobs in green industries by 2030 October 20, 2021 Britain’s net-zero strategy will create 440,000 new jobs in green industries by 2030, junior energy minister Greg Hands said today. Watch the full report.
COP26: Britain’s fossil fuel dilemma explained in 90 seconds October 20, 2021 Britain faces a fossil fuel dilemma: it can burnish its green credentials by halting new oil and gas development in the North Sea, yet doing so will leave it more reliant on imported fuel. Watch the full report.
Decarbonisation of aviation: Is the govt ignoring its own evidence on airport expansion? October 20, 2021 The Government appears to ignore its own evidence when it comes to airport expansion and the decarbonisation of aviation. The Net Zero Strategy published yesterday, highlights how difficult it is to decarbonise aviation and places heavy reliance on the development of ‘sustainable aviation fuels’. The indicative transport pathway includes expected emissions reductions across transport of [...]
Rio Tinto to halve carbon output by 2030 with $7.5bn worth of investments October 20, 2021 Anglo-Australian miner Rio Tinto is set to halve its carbon output by 2030, which it said will be supported by around $7.5bn in investments. The new emissions goal, which more than triples its previous target, should see the mining giant slash its scope one and two emissions, meaning it seek to limit the emissions produced [...]
London’s Satellite Vu bags £15m in Series A as it plots to decarbonise the housing sector October 20, 2021 London-based space tech scale-up Satellite Vu has raised £15m in Series A funding, as it readies plans to launch seven thermal and infrared imaging satellites into orbit. The satellites will be able to provide real-time data on how green, or energy efficient, every building on the planet is – as the UK seeks to decarbonise [...]