Finance
EBRD considers making half of its annual investments green by 2025

The bank says an updated climate plan would further its climate and environmental finance and support a ‘green, low carbon and resilient future’

Westpac to withdraw support for thermal coal mining by 2030

The Australian bank says it has increased the share of renewables in its lending to the electricity generation sector from 59% to 75% since 2016

Belfius becomes ‘first carbon-neutral bank in Belgium’

The bank has reduced the energy consumed by its buildings and its staff’s journeys to and from work and uses a ‘green’ fleet

Lloyds Banking Group to stop financing new coal plants

It has also committed to power five million homes through supporting renewable projects in the UK by 2020

Banking giant commits $200bn in sustainable financing

Wells Fargo will provide half of the funding for projects that directly support the low carbon transition

NatWest banks on sustainability with £10bn pledge

The bank supported nearly 1,500 green transactions over three years between 2015 and 2017

Bank launches green crowdfunding platform

A solar farm and a heat pump company are to become the first businesses to benefit from a UK bank’s newly launched crowdfunding platform. Triodos Bank’s platform will allow the public to invest directly in renewable energy projects. The first round of funding will help Mendip Renewables raise £1.8 million to take a 5MW operational […]

Dutch bank pledges €100m for sustainable businesses

Dutch bank ING has pledged to invest €100 million (£87m) in sustainable businesses over three to four years. It will provide the funding through its new arm ‘Sustainable Investments’ to firms that have a “proven concept and a positive environmental impact”. It plans to target opportunities in all sectors and focus on innovative business models […]

Barclays issues €500m green bond in ‘UK first’

Barclays has issued a €500 million (£441m) green bond claimed to be the first issued by a UK bank to fund domestic assets. The funds raised will be used to finance and refinance residential mortgages on properties in England and Wales, which are in the top 15% of the lowest carbon intensive buildings in these […]

Triodos offers new sustainable UK bank account

Triodos has announced it is offering its first ever personal sustainable current account in the UK. The Netherlands-based bank, which has been operating in the UK for more than 22 years, only lends money to organisations and projects that are making a positive difference to society, be it socially, environmentally or culturally. It lends more […]