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Investment

Grosvenor completes first carbon credit purchase from Terraformation mangrove project

Investment

Grosvenor completes first carbon credit purchase from Terraformation mangrove project

Grosvenor's UK property business to fund mangrove restoration project tipped sequester more than one million tonnes of CO2 equivalent by 2064

clock 18 June 2024 • 3 min read
Norges Bank snaps up stake in Race Bank offshore wind farm in £330m deal

Wind

Norges Bank snaps up stake in Race Bank offshore wind farm in £330m deal

Asset management arm of Norway’s state-owned central bank agrees to buy 37.5 per cent stake in project from Macquarie and Spring Infrastructure Capital

clock 18 June 2024 • 2 min read
Global Briefing: Fears over green trade battle grow, as EU ups tariffs on Chinese EVs

Automotive

Global Briefing: Fears over green trade battle grow, as EU ups tariffs on Chinese EVs

Also this week: global progress on expanding energy access stalls, the OECD mulls plan to stop private sector coal financing, and Switzerland defies ECHR climate ruling

clock 14 June 2024 • 8 min read
Inside Microsoft's Panama tropical forest carbon offtake deal

Offsets

Inside Microsoft's Panama tropical forest carbon offtake deal

Eight months of due diligence and tens of millions in early-stage financing will help restore 10,000 hectares of tropical forest in Panama

clock 14 June 2024 • 5 min read
'Pay as you save': Barclays and Hometree ink landmark £250m green home improvement deal

Technology

'Pay as you save': Barclays and Hometree ink landmark £250m green home improvement deal

Major investment aims to enable the roll out of domestic clean technologies to over 28,000 homes

clock 14 June 2024 • 3 min read
Future Supplier Initiative: How top fashion brands have teamed up to trim supplier emissions

Supply chain

Future Supplier Initiative: How top fashion brands have teamed up to trim supplier emissions

New scheme to offer a collective financing model for top brands to help suppliers switch to renewable energy and slash emissions

clock 14 June 2024 • 4 min read
Foresight Solar weathers shareholder continuation vote despite call for closure

Investment

Foresight Solar weathers shareholder continuation vote despite call for closure

A shareholder vote this week saw 24 per cent favour the solar investment fund being wound up

clock 14 June 2024 • 2 min read
Royal Ascot appoints carbon removals firm CUR8 to rein in emissions

Carbon Accounting

Royal Ascot appoints carbon removals firm CUR8 to rein in emissions

Partnership with CUR8 aims to slash unavoidable emissions from Royal Ascot and support Ascot Racecourse's net zero strategy

clock 13 June 2024 • 3 min read
 Highview Power raises £300m to develop Manchester long duration energy storage facility

Investment

Highview Power raises £300m to develop Manchester long duration energy storage facility

Firm secures funding from UK Infrastructure Bank, Centrica and other investors to develop 'UK's first' commercial scale liquid air energy storage facility

clock 13 June 2024 • 3 min read
Greens pledge to demand UK financial firms divest from fossil fuels by 2030

Politics

Greens pledge to demand UK financial firms divest from fossil fuels by 2030

Green Party manifesto sets out vision to overhaul the tax system and implement strict measures requiring banks and other financial institutions to transition away from fossil fuels

clock 12 June 2024 • 2 min read
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