Investment

Green shipping corridors, nature protection investment, and the first award from the UN Loss and Damage Fund, all feature in this week's BusinessGreen Global Briefing

European Investment Bank (EIB) unveils plans to double investment in climate resilient infrastructure, agriculture, and technologies

National Wealth Fund provides £41.7m cornerstone equity investment to Cornish Metals to support the reopening of the South Crofty tin mine in Cornwall

Trade body calls on governments to offer 'safe harbour' guidance, rules, and mechanisms to better protect companies from litigation risk when buying high quality carbon credits

Funds will be used to reopen 400-year-old tin mine in support of national critical minerals strategy

Energy network firms and their supply chains are planning to invest £200bn in upgrading Britain's grid over the next 10 years, driving economic growth and creating jobs in the process

Commitment comes as global governments gather in Armenia for crunch UN biodiversity talks aimed at urgently accelerating progress towards 2030 nature goals

Investors express disappointment at response to calls for greater clarity on how to engage with sustainable investment

Organisations backing TNFD guidelines include investors representing $26tr in managed assets and publicly-listed firms representing $10.5tr in market capitalisation