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News

COP27: China hints at support for proposed Loss and Damage mechanism

Policy

COP27: China hints at support for proposed Loss and Damage mechanism

Comments come as new analysis suggests Africa could face GDP hit of 64 per cent as a result of escalating climate impacts

clock 09 November 2022 • 4 min read
Octopus Energy and Halifax team up for £2,000 heat pump offer

Technology

Octopus Energy and Halifax team up for £2,000 heat pump offer

Pilot project to harness green mortgage incentives and government grant scheme to slash cost of new air source heat pumps

clock 09 November 2022 • 2 min read
Research: Electric vehicles already saving UK drivers £600 a year

Automotive

Research: Electric vehicles already saving UK drivers £600 a year

Global EV sales expected to outstrip many analysts' expectations this year, as drivers respond to soaring petrol and diesel prices

clock 09 November 2022 • 4 min read
Research: 40,000 new SMEs needed by 2030 to drive UK towards net zero

Investment

Research: 40,000 new SMEs needed by 2030 to drive UK towards net zero

A wave of new small and medium firms is set to emerge to support the net zero transition, and they could offer a £175bn revenue opportunity for the UK economy, according to NatWest

clock 09 November 2022 • 4 min read
MSCI expands Implied Temperature Rise climate tool for investors

Investment

MSCI expands Implied Temperature Rise climate tool for investors

Expansion set to give investors access to more climate data for more than 56,000 equity and fixed income funds

clock 09 November 2022 • 1 min read
Elon Musk offloads $3.9bn Tesla shares since Twitter takeover

Automotive

Elon Musk offloads $3.9bn Tesla shares since Twitter takeover

CEO has offloaded $19.3bn of stock in his electric vehicle company since completing his takeover of Twitter late last month

clock 09 November 2022 • 1 min read
Study: Only fraction of financial firms have near-term climate goals in place

Investment

Study: Only fraction of financial firms have near-term climate goals in place

World Benchmarking Alliance study finds tiny proportion of banks, asset owners, asset managers and insurers have climate-science aligned targets for 2030

clock 09 November 2022 • 3 min read
UK confirms plan for climate disaster debt holidays

Investment

UK confirms plan for climate disaster debt holidays

Treasury announces plans for innovative new loan agreements to better support those countries most vulnerable to the effects of climate change

clock 08 November 2022 • 3 min read
COP27: UK joins Global Offshore Wind Alliance

Wind

COP27: UK joins Global Offshore Wind Alliance

Renewable UK CEO says decision represents a 'major vote of confidence' in the UK's offshore wind industry

clock 08 November 2022 • 2 min read
COP27: Egypt commissions first green hydrogen plant

Infrastructure

COP27: Egypt commissions first green hydrogen plant

President Abdel Fattah El-Sisi and Norwegian Prime Minister Jonas Gahr Støre attend commissioning ceremony for trail-blazing 'Egypt Green' plant

clock 08 November 2022 • 3 min read
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