Carbon Markets Recap & Outlook: Everything You Need to Know Now

What a time to be in the carbon markets. As we pass mid-year, the KraneShares Global Carbon Strategy ETF (Ticker: KRBN) celebrates its 2nd anniversary of opening the global carbon markets to investors. In the same week, the US Senate has just worked out an epic $369bn climate and energy deal. The Inflation Reduction Act of 2022 marks a continued acceleration towards decarbonization and tightening efforts around emissions. At this pivotal moment for carbon markets, I see a material opportunity ahead and some misunderstandings too.

07 September 2022

Energy UK backs scheme to reduce power costs

Energy UK is backing a plan which could cut bills for households and non-domestic customers by reducing the costs paid to low carbon electricity generators.

06 September 2022

Out of control energy bills are now business threatening for 60% of manufacturers

Make UK say that the Government must immediately scrap the Carbon Price Support – a levy only UK businesses pay and look at introducing an Industry Price Cap to freeze energy bills at an agreed rate.

06 September 2022

Diageo launches innovation fund to help mitigate climate change in smallholder farms in Africa

Diageo announces £450k of funding for three innovations intended to lessen and monitor the impact of water and climate crises on smallholder farms in Africa.

06 September 2022

UK Government unveils Zero Innovation Handbook

Launched in Sydney by the UK’s International Trade Secretary, the UK Government, in partnership with PwC and Tech Nation, is publishing its Net Zero Innovation Handbook.

01 September 2022

Octopus Energy renewables fund makes first investment to develop green energy & UK’s largest battery

Octopus Energy Group launches its new renewables fund Octopus Energy Development Partnership (OEDP). It comes as the fund makes its debut investment in renewables developer Exagen to build new green energy and rapidly grow the UK’s energy storage capacity.

01 September 2022

RSPB warns of nature disaster if UK Government fail on vital laws protecting wildlife

The RSPB has weighed in to the Tory leadership contest saying that the anti-regulation rhetoric that has characterised the debates is nonsense when it comes to protecting nature.

01 September 2022

WTW’s David Nelson on managing a portfolio’s climate transition risk with a forward-looking focus

Climate Transition Value at Risk (CTVaR), a measure that seeks to grasp how companies are susceptible to losses and gains in revenue and asset values as the global economy moves to a net-zero scenario, can help investors to manage transition risk in a completely different way.

31 August 2022

Oil companies’ decarbonisation scenarios inconsistent with the Paris Agreement, finds new report

A new study by Climate Analytics finds institutional decarbonisation scenarios from major oil companies' would be classified as inconsistent with the Paris Agreement as they fail to limit warming to ‘well below 2°C’.

19 August 2022

M&S teams up with Agrisound to boost pollinator activity on British farms

M&S announces a three-year collaboration with agri-tech start up AgriSound, designed to help farmers better manage pollinators and increase crop yields.

19 August 2022

UNFCCC appoints Simon Stiell as new Executive Secretary

UN Secretary-General António Guterres has appointed Simon Stiell as the new Executive Secretary of the United Nations Climate Change Secretariat

16 August 2022

Mobilising capital flows for sustainable development

The climate change debate carries particular resonance for emerging and developing economies. And equity and bond benchmarks can be an important tool in helping them mobilise capital flows for a more sustainable future.

15 August 2022

GFANZ unveils enhancements to measuring Net-Zero portfolio alignment for financial institutions

Now open for public comment, the GFANZ Portfolio Alignment Measurement Report provides additional guidance for financial institutions on implementing and selecting portfolio alignment metrics.

11 August 2022

GRIDSERVE accelerates with £200m boost from infracapital

GRIDSERVE, the tech-enabled sustainable energy business, has secured an initial £200m investment from Infracapital, the infrastructure equity investment arm of M&G Plc, in support of the company’s drive to decarbonise transport through electric vehicle infrastructure and its mission to deliver sustainable energy on the scale needed to move the needle on climate change.

11 August 2022

Major expansion of woodlands for communities across England

Millions of trees are set to be planted nationwide, thanks to £44.2 million in funding for Community Forests and woodland creation partners.

09 August 2022

Scottishpower announce new vision for Green Hydrogen Fuels Hub

ScottishPower, with Hutchison Ports, is exploring the opportunity to develop, build and operate a multi-hundred MW green hydrogen production facility at the Port of Felixstowe – with the potential to decarbonise industry and transportation in the region.

09 August 2022