Global companies urge EU to raise its climate ambition in the run-up to 2040
A new position paper by Corporate Leaders Group Europe calls on the European Union to reduce its 2040 greenhouse gas emissions by at least 90%.
UK households energy costs estimated to increase £5 bn a year as a result of blocking new solar farm
A new study by ECIU shows further restrictions on ground mounted solar farms are predicted to cos energy bill payers up to £5 bn a year
Verra Release new VCS Standard to improve transparency & align with global carbon market initiatives
The changes to the VCS Standard and updated versions of associated VCS Program documents will strengthen the program’s usability, transparency, and integrity, and align it with major global carbon markets initiatives.
New report from IRENA shows renewables help fuel cost savings of $520 billion
An increase in renewables competitiveness accelerates, as the fuel price crisis increases, finds a new report from IRENA.
New study reveals $90 billion needed to meet 2030 emissions goal in carbon credit projects
Trove Research's study reveals a $36 billion investment in carbon credit projects, accelerating with over $18 billion raised in the last 2.5 years, but global commitments still fall short.
UK Government’s flagship renewables scheme secures 95 new projects
UK Governments announces new projects spanning onshore wind, solar, tidal, and ground-breaking geothermal initiatives to deliver 3.7GW of clean energy —bolstering the economy, enhancing energy security, and advancing the nation's path to net zero emissions.
Finance industry warns UK Prime Minister of consequences of climate wavering
Investment managers, banks, asset owners and other financial institutions, have warned that the government’s recent rhetoric risks stopping the finance sector from making the transformative investments needed to reach net zero and grow the economy.
UK Government aim to restore peatlands across England by providing a £16 million funding
UK Government make increased efforts to restore thousands of hectares of peatlands to help tackle climate change.
IKEA and GOGLA announce strategic partnership to help the off-grid solar sector
GOGLA and IKEA Foundation form a strategic partnership, with a funding of EUR 4 million to help the off-grid solar sector
Satellite data services are set to tackle water pollution, carbon emissions and biodiversity threats
Businesses and other organisations are set to be provided with information about environmental risks and how to mitigate them through innovative climate services.
High percentage of the leading timber sector not prepared for EU deforestation regulation
EUDR will require companies to ensure their products are verifiably deforestation-free, their origin is known, and they are produced legally in their country of origin
UK Government distribute nearly £4 million in funding for green AI innovations
The UK government increase their funding in AI, to help UK industries decrease carbon emissions in ambition to reach net zero
Corporate climate action accelerated in 2022, with an 87% increase in companies setting targets
The Science Based Targets initiative (SBTi) reported that more companies set targets in 2022 than the entire last seven years.
NFU urges the Government to “put words into action” and take domestic food production seriously
NFU insists that the UK’s self-sufficiency doesn’t drop below its current level of 60%
Global insured losses from natural catastrophes recorded at highest rates since 2011
Swiss Re Institute estimates severe thunderstorms account for 70% all insured natural catastrophe losses in first half of 2023.
Pension funds need net-zero ‘paradigm shift’
New research finds pension fund investors should think more carefully about the risks and opportunities of climate change when planning to reduce their carbon footprint
Research show extremes in Antarctica may be the tip of the iceberg as world warms
Extreme events in Antarctica such as ocean heatwaves and ice loss will become more common and more severe, finds new research.
Integrity Council aim to maximize ability of voluntary carbon market to to deliver on global targets
The Integrity Council publishes full criteria for assessing categories of credits and crediting methodologies, aiming to mobilize climate finance at speed and scale .
64% of people support building a new grid to boost energy security & decarbonize economy
A recent poll, carried out by Survation, shows 64% of people are interested in a new grid to enable the decarbonization of the UK economy and improve Britain’s energy security.
LGIM collaborates with National Trust to launch fossil fuel exclusions strategy
LGIM’s new strategy aims to facilitate the transition towards net zero whilst targeting long-term, sustainable returns.