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Investment

Study: Banks set to plough $600bn a year into global low carbon transition by 2030

Investment

Study: Banks set to plough $600bn a year into global low carbon transition by 2030

Financial firms that carve out a leadership position through investments in the net zero transition could boost profits by 30 per cent in the long term, according to Bain & Company

clock 16 May 2024 • 3 min read
Border to Coast: UK council pensions pool raises further £1.2bn for climate investment fund

Investment

Border to Coast: UK council pensions pool raises further £1.2bn for climate investment fund

It comes as Border to Coast Pensions Partnership grows private markets programme to £16bn, with investments targeted in areas such as renewable energy, sustainable farming and green transport

clock 16 May 2024 • 2 min read
Fossil Free Books: Authors urge Baillie Gifford to divest from 'forces causing death and destruction'

Investment

Fossil Free Books: Authors urge Baillie Gifford to divest from 'forces causing death and destruction'

Hundreds of high profile signatories, including Sally Rooney, George Monbiot, and Jonathon Porritt, call on asset manager and arts sponsor to divest from fossil fuels

clock 15 May 2024 • 4 min read
Centrica: More than half of UK businesses plan to increase on-site energy generation

Investment

Centrica: More than half of UK businesses plan to increase on-site energy generation

Majority of firms to deploy on-site clean tech in effort to establish greater control over energy needs in volatile market, Centrica study finds

clock 15 May 2024 • 2 min read
Carbon customs: What the UK can learn from the EU CBAM

Policy

Carbon customs: What the UK can learn from the EU CBAM

The first reporting period of the EU's carbon tariff scheme offers lessons for businesses looking for a head start on aligning with the future UK CBAM, writes EcoAct's Chimdi Obienu

clock 15 May 2024 • 5 min read
UK investors: More ambitious green policies could attract £100bn of inward investment to UK

Investment

UK investors: More ambitious green policies could attract £100bn of inward investment to UK

UK Sustainable Investment and Finance Association warns green policy flipflopping has put country's status as a world leading destination for green investment under threat

clock 15 May 2024 • 4 min read
'Isambard-AI': University of Bristol switches on UK's greenest supercomputer

Investment

'Isambard-AI': University of Bristol switches on UK's greenest supercomputer

New supercomputer capable of up to 200 quadrillion calculations per second officially comes online following £225m government investment

clock 14 May 2024 • 3 min read
UK Export Finance: Export credit for the energy transition

Energy

UK Export Finance: Export credit for the energy transition

The UK's clean energy sector is booming, and it is creating opportunities overseas that UK Export Finance can help unlock

clock 14 May 2024 • 4 min read
'Blue economy': Nestle-backed Ocean 14 Capital Fund closes at €201m

Investment

'Blue economy': Nestle-backed Ocean 14 Capital Fund closes at €201m

Major new impact fund looking to ramp up investments in entrepreneurs and businesses working to reduce negative impacts on ocean ecosystems

clock 14 May 2024 • 3 min read
'Banking on Climate Chaos': How banks have provided fossil fuel firms with almost $7tr since the Paris Agreement

Investment

'Banking on Climate Chaos': How banks have provided fossil fuel firms with almost $7tr since the Paris Agreement

Fifteenth annual Banking on Climate Chaos study finds world's biggest banks gave more than $705bn to fossil fuel firms in 2023 alone, despite many being committed to reaching net zero emissions

clock 13 May 2024 • 11 min read
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