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From leader to laggard: The fall and fall of the UK’s climate optics

…UK’s response to the US and EU’s green economy subsidies is expected. Less than a month after that, COP28 will get underway in Dubai. The UK’s green economy has an…

‘This is possible’: IEA calls for faster growth on international clean energy

…by 2050, but that the rapid growth of some clean solutions like solar and EVs could be mirrored in other markers to spur progress. “The clean energy economy is rapidly…

Rishi Sunak gives go-ahead for 100 North Sea oil and gas licences

…industry “invaluable” and has touted its £17bn contribution to the UK’s economy. He has vocally opposed Labour’s plans to stop issuing new North Sea licences if they win the next…

Taskforce sets out suggestions to embed nature into financial markets

…to nature loss. To combat nature loss, the Taskforce suggests aligning global economic and financial systems with an equitable nature economy; harmonising financial actions with government policies; and ensuring accountable…

Six green policy priorities for new Energy Security and Net-Zero Secretary Claire Coutinho

…to grow the economy and to reduce socio-economic disparities between different regions. The Review stated that the nation could be a global leader in green finance and maintain its lead…

Beyond climate: Charting a course for nature in global finance

…existential devastation to their operations, and accelerating the breakdown of the global economy. From escalating heatwaves in Europe and wildfires across North America and Australia, to catastrophic floods in Africa…

Do businesses still care about the Sustainable Development Goals?

…the SDGs, despite encompassing every part of the global economy thematically, are dropping down both the corporate and political agenda as a result of disruptive issues that are pressing society…

‘Morally obscene’: Rosebank oil field gets green light from regulators

…field’s environmental impact. The project has today been approved. The Government claims the decision will support and oil and gas industry which adds £17bn annually to the economy and supports…

UK firms need policy support to turn decarbonisation plans into action

…challenge in greater numbers and putting action plans in place. “To support them, we urgently need a UK, whole economy, transition plan which allows us to compete more effectively with…

Global Investment Summit: UK touts £29.5bn of international deals with focus on low-carbon industries

…this new market. Information from Iberdrola Another major green economy announcement at the Summit came from Iberdrola, the Spanish multinational energy firm best known in the UK for owning ScottishPower….

‘More education needed’: British youth interest in green jobs ‘worryingly low’

…were familiar with the kinds of jobs that would exist in the green economy. Almost half (46%) of young people had not heard about green jobs during their education, and…

PwC: Green jobs show greater resiliency amid falling UK job listings

…by 2050. PwC’s head of regions and platforms Carl Sizer, said: “Green jobs are a good proxy for the greening of the economy. That green jobs account for a growing…

CCC chief executive Chris Stark to step down

…set a net-zero target for 2050, which was formally adopted and introduced into law under then-Prime Minister Theresa May. The UK was the first major economy with such a target….

Davos 2024: Were WEF announcements too little, too late on climate and nature?

…nature (click here for our summary). But those on the ground have noted that green economy announcements and discussions tended to be less well-attended than those focusing on artificial intelligence…

British Chambers of Commerce pushes Government for clearer, more ambitious net-zero pathway

…its ‘Future of Economy’ project. The report draws upon expertise from businesses of all sizes, academia and leading think-tanks. While acknowledging strides made in reducing carbon emissions in electricity supply…

London stalling: Why the capital’s stellar climate resiliency progress is at risk

economy by 2050. Compounded by recent governmental policy U-turns, London, like many other UK cities, may well struggle to future-proof its infrastructure and protect its residents. Green policy rollbacks In…

How is sustainable finance faring amidst policy uncertainty and the anti-ESG movement?

…skepticism from the green economy regarding the mobilisation of sustainable finance, placing pressure on the private finance sector to enhance its efforts. Madlani suggests that financial institutions can play a…

From ideas on paper, to spades in the ground: the UK hydrogen industry’s journey to 10GW and beyond

…supply chain companies to discuss the current state of play and ultimately showcase growth opportunities in the UK hydrogen economy. At the end of last year, the UK Government announced…

National Grid unveils £60bn investment plan to turbocharge net-zero power grid

…and the Southeast. The ESO’s executive director Fintan Slye said: “Great Britain’s electricity system is the backbone of our economy and must be fit for our future. ESO’s Beyond 2030…

There’s no net-zero without SMEs – but they need more support

Small and medium-sized companies are the backbone of the economy, making up 90% of businesses globally, employing 70% of the world’s workforce and contributing over 50% of global GDP. Given…