Labour pledges to close coal finance exports loophole

Jessica Shankleman
clock

Shadow Business Secretary Chuka Umunna urges government to cease export finance to coal industry and calls for new town twinning programme with Africa

The Labour Party has pledged to put an end to UK taxpayers' money being used to finance polluting coal projects in Africa, in a move that could make it easier for UK clean tech companies to tap into the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Policy

Water firms given green light to raise further £463m from customer bills by 2030

Water firms given green light to raise further £463m from customer bills by 2030

Competition regulator gives permission for four water companies across England to increase household bills beyond levels approved by Ofwat, as part of efforts to fund major infrastructure upgrades

Michael Holder
clock 10 March 2026 • 5 min read
Is the EU sitting on a 'climate-fiscal timebomb'?

Is the EU sitting on a 'climate-fiscal timebomb'?

European Commission accused of 'massively underestimating' future debt to GDP ratios, as its projections fail to take account of climate impacts

Michael Holder
clock 10 March 2026 • 9 min read
Can the EU Industrial Accelerator Act spark Europe's green industrial revolution?

Can the EU Industrial Accelerator Act spark Europe's green industrial revolution?

Clean tech and low-carbon materials are at the heart of proposals to increase manufacturing's share of EU GDP to 20 per cent by 2035 - but do the plans go far enough?

Stuart Stone
clock 05 March 2026 • 8 min read