March 7, 2025
The world needs to prepare to fight global warming without the help of the US as the Trump administration pulls billions of dollars pledged to initiatives funding the green transition, the UK’s climate envoy said. This week, South Africa said …
February 11, 2025
Insurers paid out a record £585 million (US$724.7 million) for weather-related damage to people’s homes and possessions in 2024 in the United Kingdom, according to the latest data from the Association of British Insurers (ABI). The record claims come following …
May 31, 2024
Banks and asset managers in the UK woke up to a new reality on Friday, as the country enforces some of the most far-reaching anti-greenwashing rules ever seen. Due to its broad scope, the new requirement from the Financial Conduct …
April 24, 2024
Firms operating in the UK are being advised to go through any products and services around which some sort of sustainability claim has been made, to ensure they’re not in the crosshairs of a regulatory crackdown that’s due to take …
March 13, 2024
The UK has failed to prioritize climate adaptation to risks such as floods and heat waves, putting British citizens and critical infrastructure in danger, an official assessment has found. A national adaptation plan, published last July, “falls far short of …
November 15, 2023
Hundreds of thousands of British homes will miss out on flood protections in the next few years as spending has been affected by Brexit, inflation and the pandemic, according to the National Audit Office. In 2020, the Department for Environment, …
October 19, 2023
Britain’s financial watchdog said on Thursday it was having to “push back” against some investment funds that misleadingly attempt to label themselves as being focused on environmental, social and governance (ESG) based performance. Regulators across the world are seeking to …
October 10, 2023
The UK just moved a step closer to requiring companies to provide detailed statements on future carbon emissions reductions that will include both their operations and supply chains. The Transition Plan Taskforce, an initiative started by the UK Treasury and …
March 31, 2023
Britain’s finance ministry set out plans on Thursday to meet its target of becoming the world’s first net-zero aligned financial center, proposing measures to stamp out so-called greenwashing in financial markets and channel cash into sustainable projects. The ministry said …
March 29, 2023
Britain is “strikingly unprepared” for a changing climate and could face disruptions to energy, food supply, transport and communications infrastructure if it fails to adapt fast, the government’s independent adviser on climate policy has warned. The UK is already experiencing …