UK aims to boost private climate finance with £50m fund

Jessica Shankleman
clock

New initiative announced as Green Climate Fund executive warns businesses that they are ignoring growing risks of natural disasters

The UK government has set aside £50m of climate finance to encourage businesses to invest in renewable energy projects, such as wind farms and solar arrays, in developing countries. The Department of...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

How Europe's 50 top sustainable companies are growing revenues faster than their peers

How Europe's 50 top sustainable companies are growing revenues faster than their peers

Corporate Knights delivers inaugural ranking of the 50 companies in Europe achieving the strongest performance against environmental, social, and governance indicators

Michael Holder
clock 10 June 2025 • 5 min read
Over 130 investment funds adopt UK sustainable disclosure labels

Over 130 investment funds adopt UK sustainable disclosure labels

Improved confidence in sustainable investment labels should lead to further uptake in the coming years, according to the FCA

Cristian Angeloni
clock 09 June 2025 • 3 min read
Earthshot Prize teams up with Builders Vision to help bridge $900bn ocean funding gap

Earthshot Prize teams up with Builders Vision to help bridge $900bn ocean funding gap

EXCLUSIVE: Prince William's climate and environmental solutions prize teams up with investors to ramp up support for ocean-focused innovations

Michael Holder
clock 06 June 2025 • 4 min read