Glasgow launches £30bn ‘Greenprint for Investment’ portfolio

The projects include a £10 billion home energy retrofit scheme and district heating network that will harness the power of the River Clyde

Ecotricity boosts offer to Good Energy shareholders by 18% in takeover attempt

Good Energy has labelled the bid ‘hostile’ and claims it is an ‘unfit owner with an unsuitable plan’

‘UK must pay £33bn per year in climate finance to make up for its historic emissions’

That’s the claim from a new report that states 1.5% of the UK’s GNI should be committed to developing countries to account for its role in climate change

UKEF targets net zero emissions by 2050

The export credit agency has committed to making all of its £50 billion capacity carbon-neutral by 2050 on a net basis

UK’s debut sovereign green bond raises record £10bn

The so-called ‘Green Gilt’, expected to help drive the progress to net zero and create jobs across the UK, was the largest debut green issuance by any sovereign

REA: ‘Energy crisis shows energy must diversify and decarbonise’

It claims the hike in gas prices is key evidence that the UK’s energy system must become less one-dimensional

Green digital asset MCO2 token listed on crypto platform

MCO2, which was launched by environmental platform MOSS in March 2020, is equivalent to one carbon credit

CMA publishes new law to crack down on greenwashing

Companies will have until the New Year to ensure their environmental claims comply with the law

EU to boost climate funding with further €4bn for poorer countries

Europe already contributes an estimated $25 billion in climate finance every year, Ursula von der Leyen said

Bank of Finland commits to carbon-neutral investments by 2050

The central bank of Finland has pledged to channel cash flows to low carbon investments