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Investment

Net Zero Insurance Alliance: As members jump ship, what could it mean for the future of ESG?

Investment

Net Zero Insurance Alliance: As members jump ship, what could it mean for the future of ESG?

As members of the UN-convened initiative jump ship, COVER editor John Brazier shares his views on what the exodus could mean for the protection insurance market's focus on ESG

clock 30 May 2023 • 3 min read
UK start-up CUR8 attracts £5.3m backing to develop carbon removals platform

Investment

UK start-up CUR8 attracts £5.3m backing to develop carbon removals platform

Start-up's funding round was led by Google Ventures

clock 30 May 2023 • 3 min read
Weev scores £50m backing for Northern Ireland EV charging rollout

Infrastructure

Weev scores £50m backing for Northern Ireland EV charging rollout

Octopus Investments announces major backing for UK start-up Weev to install thousands of EV charge points across Northern Ireland

clock 30 May 2023 • 2 min read
UN casts doubt on carbon removals, prompting industry backlash

BusinessGreen

UN casts doubt on carbon removals, prompting industry backlash

More than 100 companies and experts involved in the emerging carbon removals market write to UNFCCC in dismay over briefing note raising concerns over viability such technologies

clock 30 May 2023 • 4 min read
'Who wants to buy in the 'Wild West'?' How Carbonplace is aiming to bring high-integrity to the carbon market

Carbon Trading

'Who wants to buy in the 'Wild West'?' How Carbonplace is aiming to bring high-integrity to the carbon market

Backed by nine major banks as shareholders, Carbonplace believes the global voluntary carbon market is fast approaching a tipping point

clock 30 May 2023 • 14 min read
Could the cost of carbon offsetting double by 2030?

Offsets

Could the cost of carbon offsetting double by 2030?

PwC warns rising carbon credit costs on the voluntary carbon market driven by growing integrity push could render some offset-reliant net zero plans 'unviable'

clock 30 May 2023 • 7 min read
AXA, SCOR and Sompo join exodus from Net Zero Insurance Alliance

Investment

AXA, SCOR and Sompo join exodus from Net Zero Insurance Alliance

Latest spate of departures from UN-convened climate initiative follows Swiss Re earlier this week, joining Zurich, Munich Re and Hannover Re on exit list in recent months

clock 26 May 2023 • 4 min read
NatWest unveils £1bn plan to support net zero manufacturing drive

Investment

NatWest unveils £1bn plan to support net zero manufacturing drive

Banking giant announces major new lending push as it ramps up efforts to at least halve the climate impact of its financing activity by 2030

clock 26 May 2023 • 3 min read
Swiss Re becomes latest to exit Net Zero Insurance Alliance

Investment

Swiss Re becomes latest to exit Net Zero Insurance Alliance

Reinsurance giant withdraws from UN-led climate initiative 'with immediate effect', following hot on the heels of Munich Re, Zurich and Hannover Re

clock 25 May 2023 • 5 min read
'Disappointing': Few asset managers backing shareholder biodiversity proposals, report finds

Investment

'Disappointing': Few asset managers backing shareholder biodiversity proposals, report finds

New research from Planet Tracker warns major investors are still failing to take nature loss seriously

clock 25 May 2023 • 3 min read
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