Businesses urged to view water as economic risk rather than environmental issue
Efforts to combat water scarcity are "absent from the portfolios" of investors, and it is now the responsibility of the private sector to step up water efficiency practices to build understanding that water is an economic risk as well as an environmental one.
'Rapid' low-carbon transition could damage economic stability, warns Bank of England
The transition to a low-carbon economy is filled with potential paradoxes that could lead to either the current generation having no "direct incentive" to drive change, or actually transitioning too quickly to the point where financial stability would be damaged.
Businesses match governments with bold climate pledges during Climate Week NYC
The level of climate ambition shown from businesses during Climate Week 2016 in New York City (NYC) is continuing to mount, with eight more companies making 100% renewable energy pledges and four firms committing to double the energy productivity of their operations.
The Paris effect: Are businesses ready for a new climate reality?
As the UK joins a growing list of nations pledging to ratify the Paris Agreement on climate change, a new report released today (21 September) reveals that more than 600 big businesses - worth $12tn - have already started to factor in the profound impacts the deal could have on their operations.
Investors fear next financial crisis will be climate-related
A rushed transition to clean energy triggered by extreme weather events linked to global warming "will be very expensive" to swallow for the economy, investors warned policymakers at an event in Bratislava.
Business leaders call for 'green growth narrative' to support climate action
Green business leaders from a range of industries have unanimously called for a narrative of "green growth" to be adopted by policymakers and the private sector alike, in an effort to ramp up climate finance and accelerate the shift towards a global low-carbon economy.
Investors controlling $13tn call on G20 leaders to ratify Paris climate agreement
A group of 130 institutions that control US$13tn of investments have called on G20 nations to ratify the Paris Agreement this year and accelerate investment in clean energy and forced disclosure of climate-related financial risk.
New Triodos chief pledges to lead 'movement for change' among UK banks
"Our banks are not serving the needs of society," says Dr Bevis Watts, who has this week been confirmed as the first 'environmentalist' to take up a lead executive role within a UK bank.
EY: Renewables remain 'safe bet' for investors amid global market volatility
Renewable energy sources continue to remain "safe bets" for investors as clean energy transactions thrived in the second quarter of 2016 amid ongoing global market volatility, according to EY's latest report on the global power and utilities sector.
Business Cubed: one woman's mission to de-risk the global green innovation market
As a growing number of businesses look to tap into the huge potential of low-carbon innovators and sustainability start-ups to drive internal CSR programmes, Matt Mace talks to the creator of the successful RBS Innovation Gateway as she embarks on a brave new venture to bring even more ready-for-market green innovations into the mainstream.
New transparency toolkit puts emphasis on investors to combat deforestation
A new online tool has been launched today (26 July) to highlight which global mutual funds and investment portfolios contain links associated to deforestation and palm oil holdings.
Low-carbon movement requires $7trn in green infrastructure, warns Bank of England
Close to $7trn will need to be spent on new green infrastructure across the globe in order to cut carbon emissions over the next 20 years, the Bank of England's governor Mark Carney has claimed.
Scotland the 'prime candidate' to implement energy storage systems
The UK should look to Scotland to implement new revenue streams that account for a "modernised" grid system, which should have energy storage at its heart, in order to unlock £2.4bn in savings.
UN: Robust standards would help green bond market drive low-carbon economy
Green bonds have the potential to drive the global low-carbon transition in the wake of the Paris Agreement, but standardised criteria will be critical for the future credibility of the market, a new report from the United Nations (UN) has concluded.
London sets the benchmark for mobilising climate finance
A new report has praised London for its ability to mobilise climate finance, and has called on global cites to turn to the private sector in order to invest the necessary $57trn in infrastructure to transition to a low-carbon economy.
New platform uses data to highlight the business case for energy projects
Businesses have been urged to explore third party financing and take into account project benefits outside of returns on investments (ROI), after a report revealed that around half of commercially-viable energy projects are being ignored.
Felipe Calderón: Universal carbon pricing and green bonds needed to entice investors
Former President of Mexico and chair of the Global Commission on the Economy and Climate Felipe Calderón has called for a universal carbon pricing mechanism to promote private investment in low-carbon technologies and "get the job done" following the Paris Agreement.
Fifth Carbon Budget: UK Government sends positive message with ambitious emissions reduction plan
BREAKING: The UK Government has provided a much-needed confidence boost for the green economy by approving the Fifth Carbon Budget, taking heed of ambitious proposals from MPs to limit the annual emissions to 57% below 1990 levels by the year 2032.
Leave vote makes UK's transition to clean energy harder, say experts
The UK's challenge to build a clean, secure and affordable energy system has become significantly harder amid the political and economic turmoil following the nation's vote to leave the European Union.
Green Bond market in urgent need of 'vigorous' industry standards, says WWF
Industry standards in the Green Bond market are needed in order to overcome the "complexity and confusion" that is currently hampering investor confidence in financing green projects, new research from WWF has suggested.
Bankruptcy looms for companies failing to carry out climate change 'stress tests'
Companies that fail to carry out "stress tests" for their business plans against risks associated with climate change face the possibility of economic decline or bankruptcy, according to a submission to the Bloomberg Task Force on Climate-Related Financial Disclosures from leading research institutions.
Investor pressure not enough as big oil baulks on climate change
During a 'do or die' week for three of the largest big oil companies, ExxonMobil, Chevron and Shell continue to rally against growing external pressure to adapt to a low-carbon pathway, warning that the shift would take an "unprecedented amount of effort".
The future's bright for sustainable business: 7 things we learnt at edie Live 2016
After a fascinating two days of inspiration, insight and expertise, edie looks back at some of the most important lessons taken away from edie Live 2016.
Britain's renewable energy attractiveness 'on a landslide'
The UK's attractiveness as a destination for investment in renewable energy has reached an all-time low, due to a series of unexpected green policy U-turns and the on-going uncertainty surrounding the role of renewables in our energy mix.
Oil giants pressured to adapt business models to low-carbon pathway
ExxonMobil and Chevron have been urged to adapt there business models to account for the 2C climate target established in Paris, after the world's largest shareholder action platform called on millions of civilians to support a change in operations.
Cleantech innovation: Strategies for scaling up
In the second part of this cleantech innovation feature mini-series, Hamish Corner - a partner at UK law firm Penningtons Manches LLP - outlines the key challenges and potential solutions for green entrepreneurs and start-ups when it comes to attracting funding to turn proven prototypes into a commercial success.
Ecotricity snaps up solar business from struggling SunEdison
Ecotricity has taken its first step into the UK domestic solar market, with the acquisition of the home rooftop solar business of troubled US company SunEdison.
Aviva on the road to 100% renewables with rooftop solar investment
Aviva has invested in rooftop solar PV systems across three of its UK sites as part of the investment providor's commitment to use 100% of its electricity from renewable sources by 2025.
EU pushed towards 'climate disclosure' regime for investors
Pressure is building on global regulators and the European Commission to "stress-test" portfolios of large institutional investors against long-term objectives to reduce climate change, in a move that could shift billions in investment away from fossil fuels.
Could the UK's first Green ISA create a £60bn investment pot?
The UK's first 'Innovative Finance ISA' launched today (6 April) from investment platform Abundance, allowing investors to finance renewable projects through an operative tax ISA that could boost the green economy by £28.5bn.
Could climate change destroy $24trn in financial assets?
A 'worst case scenario' climate change impact could see $24trn wiped-out from assets, placing 17% of the world's economy at severe risk, new research from the London School of Economics (LSE) has warned.
World's largest tidal stream project receives £100m investment boost
Infrastructure investor Equitix will allocate more than £100m to Scottish tidal power, after entering into a partnership agreement with leading developer Atlantis to aid the development of the world's largest tidal stream project.
Cleantech innovation: Navigating the minefield of investment
Innovation holds the key to unlock the global green industrial revolution. But how easy is it for low-carbon entrepreneurs and cleantech start-ups to secure vital funding and ultimately achieve commercial success? In this new feature mini-series, we explore the risks and opportunities surrounding green innovation investment.
Treasury insists low investor confidence is due to volatile energy prices
Low investor confidence in the UK energy sector is more due to "staggering volatility" of energy prices than Government policy on low-carbon, the Treasury has said.
Brexit would cause 'electric shock' for energy costs, warns Amber Rudd
Energy Secretary Amber Rudd has today (24 March) warned that leaving the European Union would see energy costs 'rocket' by £500m as well as depleting investor confidence.
Business groups set five key tests for Green Investment Bank suitors
Commitments to keep the Green Investment Bank (GIB) at the forefront of the green infrastructure market and ensure the best standards of governance and transparency are among the measures against which any prospective buyers of the GIB should be assessed, according to civil society and business groups.
Investors call for legally-binding, zero-energy building standards
A group of climate investors have urged the European Union to create and implement a binding, long-term target that re-shapes energy frameworks and pushes building sectors across the continent towards a near-zero energy standard by 2050.
10 ways DECC is boosting investor confidence in the UK's energy market (according to DECC)
The Department of Energy and Climate Change (DECC) has released a list of ten ways it will stimulate investor confidence in the UK's energy market in the wake of widespread criticism aimed at numerous abrupt policy amendments.
Energy storage could save UK £2.4bn every year
The implementation of energy storage systems could contribute £2.4bn to UK electricity system savings by 2030, but only if a range of 'necessary regulatory reforms' are introduced to steady the UK's energy market, a new report from the Carbon Trust has found.
Andrea Leadsom is 'sick and tired' of green policy critics
Energy Minister Andrea Leadsom is "sick and tired" of the barrage of complaints being fired at the Department for Energy & Climate Change (DECC) over its punitive cuts to renewable energy subsidies.
MPs warn of 'dented' investor confidence over UK energy policy
The Government is risking higher energy prices and stalling new investment through 'sudden and numerous' energy policy changes that are denting investor confidence in the UK energy market, MPs have warned today (2 March).
Swindon welcomes first UK council solar bond
The UK's first ever council solar bond has been launched in Swindon, offering councils and local authorities the chance to raise capital for a 5MW community solar farm.
Natural gas capabilities in the UK 'very limited' without carbon capture, report warns
Using natural gas as a bridging fuel to a cleaner energy mix in the UK will only act as a "stop-gap", with its viability as an energy source severely limited beyond 2020 unless carbon capture and storage (CSS) technology is rolled out, the UK Energy Research Centre (UKERC) has warned.
Idle investors could face legal action over portfolio climate risks, experts warn
A trio of climate experts have warned that investors and asset managers who continuously ignore the risks of climate change do so at their peril and may soon be faced with legal action.
World's largest investor: We want companies with long-term sustainability plan
The chief executive of the world's largest investment firm, Blackrock, has called for companies to build environmental, social and governance (ESG) management into their business models, calling it a sign of 'operational excellence'.
Green Investment Bank in £423m windfarm acquisition
A consortium comprising of the UK Green Investment Bank (GIB) Offshore Wind Fund and funds managed by New York investment firm BlackRock, has acquired three UK wind farms in a deal worth £423m.
Swindon set to offer UK's first council solar bonds
Swindon Council is considering a new community solar project that would offer residents a 6% return on any investment for the next 20 years.
Investors demand climate transparency from mining firms
Investors responsible for more than $8trn have called on mining giants Anglo American, Glencore and Rio Tinto to be more transparent over the climate risks and impacts of their businesses.
Paris goals will cost $12 trillion, says Bloomberg
More than $12trn will need to be invested in new renewable power generation over the next 25 years to achieve the climate goals laid out in the Paris agreement, according to a new report from research group Bloomberg New Energy Finance (BNEF) and sustainability non-profit Ceres.
Ban Ki-moon calls for doubling of clean energy investment
UN Secretary-General Ban Ki-moon has called for global investment into clean energy to be doubled by 2020 in order to keep global temperature increases below 2C as set out in Paris.
Has Britain thrown away its chance to be the world centre of green finance?
EXCLUSIVE: There is a real opportunity for Britain to establish itself as the global centre of green investment, but the Government's 'confused' energy policy risks driving investors to Paris or other financial centres.
Global middle class can drive climate action, says UBS
The global middle class could hold the key to mobilising climate action, a new report from financial services firm UBS has claimed.
Businesses, NGOs and cities unite on post-Paris action pledge
Some of the planet's largest businesses, including Microsoft, Diageo, Tesco and Ericsson have formed a 400-strong coalition that has pledged to support the goals of the new global deal established in Paris last week.
The 12 days of COP21: In numbers
As the Paris climate change conference draws to a close, edie has rounded up the big pledges and initiatives and announcements that have made for a packed two weeks of climate action, with this special edition of our 'sustainability stats' series.
£352bn investors' coalition launched to push for clean energy
A new £352bn coalition of investors including large insurer Aviva and major public and private funds in the UK, Norway and France has been launched to put pressure on some of the world's biggest corporations to clean up their electricity sources.
Michael Bloomberg to head up new climate task force
Former New York City mayor Michael Bloomberg is to lead a new industry-led task force which will offer climate change-related financial risk disclosures to companies and investors.
KPMG: Lack of consistency clouds carbon reporting
Carbon reporting from the world's largest 250 companies lacks consistency and makes it practically impossible for stakeholders to compare performances, according to the 2015 edition of the KPMG Survey of Corporate Responsibility Reporting.
Investor pressure helps cut corporate emissions by 641 million tonnes
Influential investors with $22trn in assets have helped reduce global corporate emissions by 641 million tonnes through collaboration with CDP's Carbon Action initiative.
German energy giant unveils $42bn renewables branch
Germany's second largest utility company RWE has announced plans to separate its growing renewable energy initiatives from its conventional energy business in a drive that is expected to deliver $42bn in annual revenues.
Bill Gates and Mark Zuckerberg launch renewable energy investment group
Some of the world's most powerful figures including Bill Gates, Mark Zuckerberg and Richard Branson have announced a new collaboration aimed at creating affordable and reliable clean energy for the entire planet.
Prince Charles in plan to help investors take polluting firms to court
Prince Charles is taking part in a project to expose major polluting corporations based in Commonwealth nations to big-money legal action if they fail to accurately disclose their impact on climate change or reform their ways.
Unilever to be carbon positive by 2030
Global consumer goods firm Unilever has announced a new target to be carbon positive across its operations by 2030.
Fossil fuel companies risking $2trn in 'unnecessary' investments
A perfect storm of climate movements could see fossil fuel companies waste more than $2trn by pursuing projects in a potential world where there is no need for coal mines and oil prices have peaked, the Carbon Tracker Initiative has warned.
€865bn assets in France and Germany pledge coal divestment
Major European financial institutions including the world's largest insurer have this week pledged to reduce their exposure to coal investments and transition towards clean energy.
GIB backs £10bn green projects in three years
In the last three years, the UK Green Investment Bank (GIB) has committed £2.3 billion to 58 green infrastructure projects with a total value of £10.1 billion, making it the most active investor in the UK's renewable energy and energy efficiency industries.
Eight UK universities join divestment push
Eight UK universities with endowments worth a total of £69m have announced fossil fuel divestment commitments.
Government to cut tax relief for community green energy schemes
The government plans to cut tax reliefs for community energy schemes to build new renewable power capacity such as solar and wind in a move that will deal a further blow to the UK's embattled renewables sector, green campaigners have warned.
Are fossil fuel companies using IEA reports to talk up demand?
International Energy Agency (IEA) projections that show the world will continue its heavy reliance on fossil fuels deep into this century are uncertain and being used to mislead governments and shareholders, according to a new report.
1.85 million Brits financing 'positive investment' market
A record 1.85 million people across the UK have invested a total of £3.6bn in ways that to create positive social and environmental impact, according to a market update from investment platform Ethex.
Green Investment Bank steps closer to privatisation
Business Secretary Sajid Javid has confirmed plans to remove ministerial powers over the Green Investment Bank (GIB) in a major step forward towards the bank's controversial privatisation.
UK failing on renewable heat targets
The UK is on track to miss legally binding targets on low-carbon heat, according to a report released Wednesday by the Policy Connect think-tank.
America's largest solar desalination project seeks $10m crowdfunding
A California company is trying to crowdfund $10m to part-fund the building of the US' largest solar desalination project.
GIB raises £355m for world's first offshore wind fund
The UK Green Investment Bank (GIB) has raised £355m in the second tranche of investment for its Offshore Wind Fund, bringing the total value to more than £818m.
'Vulnerable 20' countries will share economies to fight climate change
Finance ministers representing over 700 million people have announced a series of financial mechanisms to invest in climate resiliency and lower emissions for 20 of the world's most vulnerable countries.
Swansea Bay Tidal Lagoon hit by delays
Work on building the Swansea Bay Tidal Lagoon has been delayed to spring 2017 because the government is taking "longer than expected" to finalise a contract for difference (CfD), Tidal Lagoon Power has said.
Rudd: Government taking 'pro-business' approach to decarbonisation
Energy Secretary Amber Rudd has defended the Tory Government's controversial green policies, claiming they are designed to deliver climate action in a way that is "pro-growth, pro-business".
IEA under fire for 'irresponsible' and 'misleading' energy outlook
An energy watchdog has blasted the International Energy Agency (IEA) for "holding back the global energy transition", concluding that its annual World Energy Outlook (WEO) reports were published with misleading projections.
Climate watchdog launches inquiries into UK energy policies
The UK Parliament's Energy and Climate Change Committee has launched three inquiries into the Conservative Government's track record on the low-carbon economy and potential policy options going forward.
Lord Bourne: Business leaders must galvanise governments ahead of Paris
Politicians and negotiators involved in the Paris Climate Summit "ought to feel the pressure from businesses" to achieve a global climate deal, the Under Secretary of State at the Department of Energy and Climate Change (DECC) has said.
Food firms must collaborate to unearth climate risks, says CDP
Some of the world's largest food, beverage and tobacco brands are missing out on significant financial and production quality gains by failing to mitigate climate risks and reduce carbon emissions, a new report has warned.
Shell and Gazprom among companies backing 2C limit
More than a third of the world's largest listed companies, including major fossil fuel producers, say they would support an international deal limiting global warming to 2 degrees, according to research by CDP.
Global investors urge food firms to address rising water risks
Investors managing more than $2.6trn in assets have sent joint letters to 15 international food and drink companies amid growing concerns over water security and pollution.
Highways England tests wireless charging for UK's motorways
Britain's roads could soon be fitted with wireless charging technology for electric cars following a new pilot scheme announced Tuesday.
Albion Community Power gains £10m boost for renewable projects
A major community-scale renewable energy scheme received a £10m funding boost today (10 August), closing in on its £100m funding target.
Community solar farm partnership offers local investors solar bond profits
A new joint venture will see solar farms offering returns on local investments to communities in Kent and Warwickshire.
Obama's clean power action contrasts with 'small-minded' UK approach
Green groups have compared US President Barack Obama's Clean Power Plan with the lack of UK Government action, claiming Prime Minister David Cameron needs to do more to meet climate change targets.
Majority of banks fail to encourage sustainable forestry, UN finds
The majority of financial institutions do not have policies requiring clients to comply with forestry regulations, according to a study by the United Nations Environment Programme (UNEP) revealed today (29 July).
19% of Asia's blue chips disclose green performance
Companies on the Hong Kong Stock Exchange are slowly improving their carbon reporting measures, but the emissions of those companies are continuing to rise.
Record investment in independent renewables tops £400m
Independent renewable energy received record levels of investment in 2014, totalling £417m, according to a new report from SmartestEnergy.
New Climate Economy: 10 ways to generate low-carbon economic growth
Low-carbon economic growth can become the new normal and limit the impact of climate change, according to a new report released today (7 July).
Sustainable product revenue growing six times faster than alternatives
Revenues from sustainable products or services are growing up to six times faster than 'normal' equivalents, according to new research from the Investor Responsibility Research Center Institute (IRRCi).
Report: Ratings agencies ignoring financial risks of climate change
Financial ratings agencies such as Moody's and S&P could be repeating the mistakes of the financial crisis by failing to account for the risks of climate change, a new report has warned.
Tories plan to sell £1.4bn stake in Green Investment Bank to pay down deficit
The government's commitment to low-carbon technology has been called into question as it prepares to raise more than £1bn by selling a majority stake in the Green Investment Bank, the project that was a central promise in the Conservatives' 2010 manifesto.
Towards earth-smart economics: what's wrong with economics as usual?
In the second of our feature series with Ashridge Business School, faculty members Tim Malnick and Stefan Cousquer explore the ever-changing relationship between sustainability and economics.
Property giant streamlines green goals to preserve prosperity
Britain's largest commercial property company has slashed its number of environmental targets from 15 to five, claiming the simplification will help it "move beyond CR to being a fully sustainable business".
Solar developers turned off by rollercoaster policies
The UK solar sector has seemingly become a victim of its own success, with big developers and investors now claiming they will not be making use of the Contracts for Difference (CfD) scheme for large projects over the next year.
Report: Coal and oil investors will lose money on 2C planet
Investments in the coal and oil sectors will see annual losses up to 2% over the next 10 years, if the world's governments commit to limiting global warming to 2C at Paris later this year.
Santander unveils green investment firm
Spanish bank Santander has established a $2bn renewables investment firm in partnership with two of Canada's largest pension funds
Edinburgh to launch UK's largest urban community renewables project
Edinburgh Council has confirmed plans to install community-owned solar panels on 25 public buildings across the city.
Hydropower to hit 2,000GW by 2050
The global hydroelectric power market, which already represents 76% of all renewable energy, could double to 2,000GW by 2050, according to the World Energy Council.