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      Reeves to put brakes on Cycle to Work scheme in blow to City

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climate tech

  • Bill Gates says Britain has ‘all the ingredients’ to be a net-zero leader

    February 15, 2023

    Tech billionaire Bill Gates has said the UK has “all the ingredients” to lead the world on net zero, after he met with prime minister Rishi Sunak at a clean tech summit. Firms including Undaunted, Clean Growth Fund and Legal and General Capital met today to launch Cleantech for UK, a trade coalition worth £6bn. [...]

  • Andrew Bailey and Jerome Powell play down central banks’ climate change role

    January 10, 2023

    Andrew Bailey and Jerome Powell, two of globe’s top rate setters, have today said central banks should only have a limited role in tackling climate change. The chiefs of the Bank of England and US Federal Reserve, speaking at a summit hosted by the Swedish central bank, the first in the world, played down their [...]

  • Tech wins: UK sector retains No1 spot in Europe

    December 21, 2022

    Despite a rough year on all financial fronts, UK’s tech sector retained the top spot in Europe. The country’s tech sector showed resilience with the fast-growing UK tech companies raising funds at near-record levels (£24b),which was substantially more than France (£11.8 b) and Germany (£9.1 b) combined. UK’s tech sector has raised nearly £100b over [...]

  • UK appoints five new innovation experts to drive post-Brexit technology boom

    December 18, 2022

    The UK government has appointed five, industry leading experts to make use of post-Brexit freedoms by driving innovation in cutting edge sectors that will be vital to Britain’s future growth. The five new experts will work with the government’s chief scientific advisor, Sir Patrick Vallance, to review existing rules and develop a pro-innovation, regulatory approach. [...]

  • Number one: London is B Corp capital of the world with record 1,000 B corporations

    November 15, 2022

    Britain has one of the largest and fastest-growing communities of sustainable businesses in the world as B Lab UK announces that there are now over 1,000 Certified B Corporations in the UK. B Corporations are businesses verified to high standards of social and environmental performance, transparency and accountability. Household names who are part of the [...]

  • Exclusive: LSE’s chief of tech swaps markets for climate ratings with BeZero Carbon move

    November 7, 2022

    The London Stock Exchange’s chief of tech has jumped ship to ratings agency BeZero Carbon, swapping the markets for climate technology. As the new CTO, James Turck will be responsible for driving forward the London firm’s investment to build out ratings, as well as the risk and analytics tools that help to scale the voluntary carbon [...]

  • UK climate tech investment set to double

    November 3, 2022

    Climate tech investment in the UK is on track to double this year after firms in the sector scooped up $7.5bn in the nine months to September, new research has revealed.

  • Tech could get Britain’s net zero target back on track

    October 31, 2022

    Tech could get Britain back on track to meet its net zero commitment after the chair of the independent Climate Change Committee warned that progress on the target had gone awry in recent months. With the UN’s flagship climate conference COP27 in Egypt one week away, Committee chair Lord Deben told The Independent today that [...]

  • Lightrock raises £744m for new climate fund

    October 13, 2022

    London-based private equity platform Lightrock said it had sailed past funding targets for a new climate fund today after bagging €860m to pump into firms developing net-zero tech.

  • Ex Bank of England governor Mark Carney set to join Cultivo board

    September 22, 2022

    Mark Carney, former governor of the Bank of England, is set to join the board of directors at Cultivo, the climate-focused fintech announced today. Carney will sit on Cultivo’s board as an independent board member whilst he continues in his current job as the Vice Chair and Head of Transition Investing at Brookfield Asset Management. [...]

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