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News

Report: Government-backed Covid recovery fund creates more than 2,600 green jobs

Biodiversity

Report: Government-backed Covid recovery fund creates more than 2,600 green jobs

Grants from the £80m government-backed Green Recovery Challenge Fund have helped create thousands of jobs in the environmental sector since September 2020, report claims

clock 21 December 2023 • 3 min read
'Constellation of Champions': Banks and businesses team up on supply chain transparency drive

Supply chain

'Constellation of Champions': Banks and businesses team up on supply chain transparency drive

Microsoft, HSBC, PwC and Ordnance Survey among firms joining initiative to enhance monitoring of global supply chains

clock 21 December 2023 • 2 min read
'Absurd': Councils accused of blocking 5GW of local clean energy projects since 2018

Energy

'Absurd': Councils accused of blocking 5GW of local clean energy projects since 2018

Campaign group Britain Remade claims 70 councils across England to have declared a climate emergency have blocked electric vehicle charging, battery storage and renewables schemes

clock 21 December 2023 • 4 min read
Ørsted finalises investment for mammoth 2.9GW Hornsea 3 offshore wind farm

Wind

Ørsted finalises investment for mammoth 2.9GW Hornsea 3 offshore wind farm

Decision to proceed with third phase of world’s largest offshore wind farm hailed as 'huge vote of confidence' in inflation-hit UK industry

clock 20 December 2023 • 4 min read
Government targets 75 per cent growth in UK rail freight by 2050

Haulage

Government targets 75 per cent growth in UK rail freight by 2050

Target designed to encourage investment in rail freight and encourage polluting lorries off UK roads, according to Department for Transport

clock 20 December 2023 • 2 min read
'CCUS vision': Government unveils plan to scale 'competitive' UK carbon capture industry

CCS

'CCUS vision': Government unveils plan to scale 'competitive' UK carbon capture industry

DESNZ confirms plan to hold allocation rounds for CCUS funding from 2027 onwards as it publishes business models for the sector

clock 20 December 2023 • 5 min read
ING to ditch upstream oil and gas financing by 2040 as it ramps up renewables goals

Investment

ING to ditch upstream oil and gas financing by 2040 as it ramps up renewables goals

Dutch financial giant announces plan to triple renewable energy financing by 2025 as it cites COP28 agreements on clean energy and fossil fuels

clock 20 December 2023 • 3 min read
Kraken swoops for green energy tech firm Sennen in 'gamechanger' deal

Infrastructure

Kraken swoops for green energy tech firm Sennen in 'gamechanger' deal

Acquisition will see Octopus Energy-owned Kraken manage a further 30GW of green energy capacity through its smart energy platform

clock 20 December 2023 • 3 min read
Finance for Biodiversity: 10 more investors join pledge to protect and restore nature

Biodiversity

Finance for Biodiversity: 10 more investors join pledge to protect and restore nature

Aegon UK, BPCE Assurances and CDC Croissance among latest signatories to pledge to assess, disclose and set targets regarding their biodiversity impacts

clock 20 December 2023 • 2 min read
Government powers up funding for bidirectional EV charging projects

Infrastructure

Government powers up funding for bidirectional EV charging projects

So-called vehicle to everything or V2X projects have potential to slash EV drivers' energy bills, government claims

clock 20 December 2023 • 3 min read
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