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Investment

OEG Energy secures $140m to grow offshore renewables business

Investment

OEG Energy secures $140m to grow offshore renewables business

UK-based offshore energy firm seeks to further expand beyond its core oil and gas services into growing offshore wind and tidal business

clock 12 October 2023 • 2 min read
Local government pension schemes commit £330m to renewables infrastructure fund

Investment

Local government pension schemes commit £330m to renewables infrastructure fund

Six leading pension schemes ink deal with Schroders Greencoat fund to invest in south west renewables projects

clock 12 October 2023 • 2 min read
Are Multilateral Development Banks starting to hit their climate finance milestones?

Investment

Are Multilateral Development Banks starting to hit their climate finance milestones?

World's 10 leading multilateral development banks together mobilised over $60bn in climate finance for lower and middle income nations in 2022

clock 12 October 2023 • 6 min read
Carbon credit insurer Kita to offer replacement CO2 credits

Risk

Carbon credit insurer Kita to offer replacement CO2 credits

Approach means firms investing in voluntary carbon market projects later found to have underdelivered can now receive insurance claims in either payments or replacement carbon credits

clock 12 October 2023 • 3 min read
MSCI ramps up carbon market presence with move to acquire Trove Research

Investment

MSCI ramps up carbon market presence with move to acquire Trove Research

Investment research giant agrees to acquire specialist provider of carbon market intelligence

clock 11 October 2023 • 2 min read
Government launches latest phase of the Public Sector Decarbonisation Scheme

Energy

Government launches latest phase of the Public Sector Decarbonisation Scheme

Local authorities and public sector bodies invited to bid for a share of £230m to help fund energy efficiency improvements in schools, hospitals and council buildings

clock 10 October 2023 • 3 min read
EasyJet becomes first airline to join Airbus' carbon removal scheme

Offsets

EasyJet becomes first airline to join Airbus' carbon removal scheme

Budget carrier inks deal to purchase removal credits via Airbus' direct air carbon capture and storage-based initiative

clock 09 October 2023 • 2 min read
'Those criticising should take note': Study reveals how firms buying carbon credits are 'outperforming' peers on climate action

Carbon Trading

'Those criticising should take note': Study reveals how firms buying carbon credits are 'outperforming' peers on climate action

NGOs warn against dismissing voluntary carbon market as 'greenwashing' exercise, as study shows corporate buyers are more likely to be climate action leaders

clock 09 October 2023 • 8 min read
'Net zero consistent': UK carbon allowances to be slashed by 12.4 per cent next year

Carbon Trading

'Net zero consistent': UK carbon allowances to be slashed by 12.4 per cent next year

Supply of allowances auctioned to high-carbon industries set to fall from 79 million in 2023 to 24 million by 2030 under plans unveiled this morning

clock 06 October 2023 • 6 min read
Green Taxonomy: Experts call for independent UK body to oversee new investment criteria

Investment

Green Taxonomy: Experts call for independent UK body to oversee new investment criteria

Green Technical Advisory Group sets out recommendations to government for establishing 'institutional home' for planned UK Green Taxonomy

clock 06 October 2023 • 4 min read
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