US’s John Kerry pressures China to stop financing coal August 27, 2021 The US’s climate envoy John Kerry will press Chinese leaders to declare a moratorium on funding coal-fired projects. Kerry plans to visit China next week to request that Beijing formally halts funding for coal based projects as part of plans to reduce global emissions. So far this year, Beijing has not offered any financing to [...]
Deadly floods in UK and Western Europe 20 per cent more likely in future August 25, 2021 Climate change has made deadly floods in the UK and Western Europe at least 20 per cent more likely to happen in the near future, according to a new study shared with City A.M. today. Watch the full report.
Impact investing is increasingly a buzzword in the City as millennial investors take over August 24, 2021 Impact investing, the strategy to make financial profits but create a long-standing, positive impact on our world, in the process, is becoming increasingly ‘a thing’ in the City and other financial hubs around the world. Many investors are hyper-aware of what is happening around them, with factors such as corporate social responsibility (CSR) making a [...]
Extinction Rebellion: Giant climate talk table set up in Trafalgar Square August 23, 2021 Climate activist group Extinction Rebellion have erected a giant pink table in the centre of London today, in their bid to ensure everyone gets a seat at the table of discussion when it comes to the warming climate and its impacts. The four-metre structure, which reads “come to the table” and has been fit [...]
Extinction Rebellion protests cost over £50m August 21, 2021 The cost of policing Extinction Rebellion protests are over £50m, and is expected to rise with more demonstrations planned over the next few weeks, according to reports. The Metropolitan Police’s gold commander for the demonstrations, Rachel Williams, said the figure included the response to two protests in 2019 and one in September last year, when [...]
98 per cent of London schools in areas with toxic air quality August 18, 2021 Almost every London school is in an area where air pollution levels exceed World Health Organisation limits, a City Hall analysis suggests. According to the 2016- 2020 report, the average concentration of particulate matter was a third higher at schools in London than in the rest of England. Figures show 98 per cent of schools [...]
Just Eat and Carnival reported to FCA over lack of climate risk reporting August 18, 2021 Takeaway giant Just Eat and cruise liner Carnival have been reported to the UK’s financial watchdog over failing to report climate change risk to their investors. Since the beginning of this year, the UK’s listed commercial firms have had to disclose their climate-related risks to investors, according to the Financial Conduct Authority’s (FCA) legal requirements. [...]
Climate management solutions group Genuit sees revenue climb ahead of COP26 August 17, 2021 Climate management solutions group Genuit has had its half-year revenue climb to £295.6m as the need for climate conscious measures has gripped the UK ahead of COP26. Revenue was up 32.4 per cent on pre-pandemic levels, as the group worked with the construction industry to provide sustainable water, as well as climate and ventilation [...]
Advanced manufacturing will be the cornerstone of Britain’s future economy August 11, 2021 This year marks the 10th birthday of the high value manufacturing catapult, a project to help companies of all sizes commercialise their cutting-edge ideas by giving them access to world class facilities, scientists and technology. British manufacturing and innovation is the future of our economy and it is now the largest advanced manufacturing research capability [...]
UK to relax Covid travel rules for Cop26 climate delegates August 9, 2021 The UK will relax Covid-19 travel rules for thousands of delegates attending the UN Cop26 climate summit in Glasgow in November. Cop26 officials have set out conditions for the event, which is expected to welcome up to 25,000 government delegates, journalists and campaigners from around the world for talks on curbing global warming. The summit, [...]