SpaceX to launch UK-built satellites into space to track climate change June 24, 2021 SpaceX is set to launch three UK-built satellites into space tomorrow, designed to monitor climate change and track endangered wildlife. The UK companies behind the environment tracking tech received a near £15m from the UK Space Agency, through the European Space Agency’s Pioneer Partnership Programme. “As we get ready to host the UN climate change [...]
Bank of England Governor Andrew Bailey doubles down on climate plans June 1, 2021 The Bank of England Governor has doubled down on promises to carry out policies to help the UK shift to a net zero economy, but warned it was not regulators’ role to enforce change. Central banks have started to outline plans to help steer the path for economies and financial systems as they transition to [...]
Help combat climate change by making smarter investments April 14, 2021 Climate change represents one of the biggest existential threats to the planet and should be a top priority for us all. Pictet Asset Management is passionate about this, recognising that ambitious new climate goals will spur investments into the clean energy industry. The only way to meet the world’s growing demand for energy while decreasing [...]
Offshore energy industry pleads with Hunt for help: Windfall tax ‘rocked investor confidence’ amid US threat March 2, 2023 The UK’s North Sea industry body has urged Jeremy Hunt to create an attractive investment climate to compete with rival energy markets.
Got the minerals? China’s control of key metals poses challenges for green transition, IEA warns January 12, 2023 China's dominance over tight supply chains could jeopardise the global shift to green technology, warned a leading climate body.
How the climate change revolution has lit a fire under the heating industry June 22, 2021 Climate policy over the last few years has seen the rise and rise of “net zero” targets, to the extent that around 70% of global emissions are now covered by a net zero policy. Converting these long-term ambitions into a clear plan of action is the next step, and the recent publication of a net [...]
KPMG: Financial services firms ability to tackle the pandemic and climate risk will be a measure of their success July 12, 2021 Tomorrow’s Financial Stability Report from the Bank of England will no doubt applaud the crucial role played by UK financial services in guiding our economy through the pandemic so far. But, to think we are out of the woods is an error – leaving lockdown will require every bit as much caution as surviving it has. [...]
BP and Shell: Will the mega profits of energy giants power our greener future? February 20, 2023 BP and Shell have pledged to ramp up renewable spending to meet the UK's climate and energy security goals, but can we trust them?
Financial services industry is one of the UK’s biggest contributors to climate change May 25, 2021 Financial institutions are under fire for not doing enough to tackle climate change in the UK, despite the recent focus on green financing. UK banks and asset managers were responsible for financing 805m tonnes of carbon in 2019, equivalent to 1.8 times the annual net emissions of the UK as a whole. The research by [...]
Met Office warns of climate change as UK weather hit record levels last year July 29, 2021 The Met Office has warned that last year was the first in history to have temperatures, rains and sunshine hit record levels. The effects of climate change continue to be felt across the UK, the Met Office said in a report today, during a July which brought both heat-health warnings and flooding to London. “This [...]