edie.net - Green policy latest news

G7 agree on 'historic steps' to make climate reporting mandatory

2021-06-06T11:04:00Z

Chancellor of the Exchequer Rishi Sunak met with finance ministers in London this weekend, with discussions leading to a historic agreement that G7 nations will mandate climate reporting in line with the recommendations of the global Taskforce on Climate-related Financial Disclosures (TCFD).

UK urged to end new oil and gas licencing as Extinction Rebellion protestors target BP

2021-06-02T11:52:00Z

More than 50 environmental charities and campaign groups are urging the UK Government to ban new oil and gas licencing either at the G7 Summit this month, or ahead of COP26 in November.

Report: UK lagging behind other G7 nations on green finance and jobs

2021-06-01T12:34:00Z

On a per-person basis, the UK is committing just 6% of the amount of funding to the green recovery from Covid-19 pledged by the US, and just 13% of that promised by Italy.

Give us sector-specific guidance on net-zero transition, investment giants tell G7 nations

2021-06-01T10:19:00Z

A group of investors with £8.5trn of assets under management has called on G7 nations to introduce new climate disclosure and action mandates for big businesses - and to provide more detail on how their long-term climate goals will be delivered.

EU and Japan seal 'green alliance' in bid for climate neutrality

2021-06-01T09:23:00Z

The European Union and Japan have reaffirmed their "shared ambition of reaching net-zero greenhouse gas emissions by 2050" at the conclusion of a bilateral summit which included the signature of an EU-Japan "Green Alliance".

Next G7 Summit in Cornwall to be certified as carbon neutral

2021-05-28T00:01:00Z

The UK Government has confirmed that the next G7 Summit, due to take place in Cornwall next month, will comply with internationally recognised standards for carbon neutrality.

Environment Bill returns to Parliament with new binding targets for nature

2021-05-26T00:02:00Z

The Environment Bill will return to Parliament today (26 May), following Covid-19 related delays.

G7 nations agree 2030s net-zero targets for power sector

2021-05-21T16:16:00Z

The leaders of the G7 nations have agreed a joint commitment to ensure their power sectors reach net-zero in the 2030s, setting up for the economy-wide transition by 2050.

UK ETS: Post-Brexit carbon market opens for first time with carbon price topping £50 per tonne

2021-05-19T11:59:00Z

The UK's carbon price has hit £50 as the nation's post-Brexit emissions trading scheme (ETS) opened for the first time on Wednesday morning (19 May).

Trees, peat and net-zero: UK to enshrine new nature goals in law

2021-05-18T09:54:00Z

The Government is set to enshrine a commitment to halt species decline and nature loss by 2030 in law and has pledged to treble tree planting this parliament.

After Green Homes Grant failure, Government 'dodges' recommendations on energy-efficient homes

2021-05-13T12:58:00Z

The Government has admitted that it did not consult stakeholders before launching the now-defunct Green Homes Grant scheme, in a document that MPs have said is evidence that it is shirking responsibility on domestic energy efficiency.

'Unlawful and irrational': UK Government taken to court over oil and gas subsidies

2021-05-12T00:02:00Z

Environmental campaigners have launched a legal challenge against the UK Government, arguing that its continued support for expanding oil and gas production in the North Sea is incompatible with its climate laws and commitment to 'levelling up'.

'Proposals fall far short': Green economy left disappointed at Queen's speech

2021-05-11T12:16:00Z

With the UK's official reopening of Parliament this week, the Queen travelled to the House of Lords to outline Governmental priorities for the coming months. Many had expected more to be said about tackling climate change and nature loss.

Report: Just 6% of UK's tax revenue is 'green'

2021-05-10T10:10:00Z

The share of UK tax revenue directly raised from supporting businesses and individuals to reduce their environmental footprint was just 6% in 2020, new analysis has revealed, as the Treasury faces mounting pressure to align with net-zero.

Green Alliance: Nature jobs would benefit UK regions hit hardest by unemployment

2021-05-04T11:06:00Z

At least 16,000 jobs in nature conservation and restoration could be created as part of the UK's Covid-19 recovery plans, with areas facing the greatest employment challenges set to benefit the most.

UK Government 'unable to prove it will meet green R&D targets'

2021-04-30T10:49:00Z

The UK Government has not outlined how it will deliver on plans to ramp up green R&D funding in fields like construction, manufacturing, transport and plastics, MPs have claimed, as they call for an "overhaul" of the funding process.

Accounting, offsetting and sequestering: UK urged to set up carbon regulator on road to net-zero

2021-04-29T09:48:00Z

To ensure that emissions reductions are delivered in line with the Paris Agreement and forthcoming carbon budgets, and that the carbon offsetting and removal markets do not greenwash as they scale, the UK could set up a dedicated regulator.

Business giants press EU to ban petrol and diesel car sales by 2035

2021-04-29T09:16:00Z

Ikea, Uber and Sky are among a coalition of 27 businesses urging the EU to ban new petrol and diesel car sales by 2035, in light of the bloc's long-term net-zero vision.

Investors worth £10trn outline policy vision for sustainable finance in net-zero transition

2021-04-28T15:46:00Z

UKSIF, which represents more than 260 members with more than £10trn of assets under management, has called on the Government to better support a 'just' transition to net-zero.

MPs accuse Treasury and HMRC of shirking climate responsibilities

2021-04-28T00:02:00Z

The Treasury and HMRC are failing to respond to a "climate storm breaking all around us", failing to make the necessary changes to tax systems and short-term funding packages needed for the 'just' transition to net-zero.