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UK 'exploring value of' taxonomy after repeated delays
15 November 2024A UK government consultation to "explore the value of implementing a taxonomy" has been welcomed by commentators but has done little to dispel concerns that years of work on the proposal may still lead it to be ditched.
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COP29: IIGCC welcomes UK's updated NDC
12 November 2024The UK has announced it will target a reduction in greenhouse gas emissions of at least 81% by 2035, compared to 1990 levels, in a move an investor group said showed the UK could lead the world in attracting private climate finance.
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UK funding for CCS, hydrogen and nuclear receives cautious backing from investors
30 October 2024The UK Government's plans to fund carbon capture, usage and storage (CCUS), hydrogen and nuclear energy as part of its clean energy commitments has won cautious praise from investors - but also raised concerns of a disjointed climate strategy.
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UK to introduce law regulating ESG ratings
08 August 2024The UK will introduce law to regulate ESG ratings next year, in a move it says will help drive investment into sustainable companies.
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GB Energy-Crown Estate partnership to channel billions into UK clean energy
25 July 2024The UK government has announced a partnership between its newly launched state-owned energy company Great British Energy and the Crown Estate, which could unlock up to £60 billion ($77.2 billion) in private investment for clean energy.
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The next UK government's transition opportunity
02 July 2024British voters want the next government to seize the economic opportunities of the green transition, writes James Alexander
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'More rigorous' standards see biennial review register big drop in sustainable assets
29 November 2023A big drop in the total assets judged as 'sustainable' globally has been reported in the latest in a series of biennial reviews, with tightened criteria in response to a "rise in greenwashing and greenhushing".
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UK sustainability disclosure rules unveiled in 'important moment' for tackling greenwashing
28 November 2023The publication of UK sustainability disclosure requirements (SDRs), sustainable investment labels and an "anti-greenwashing rule" has been hailed "an important moment" in building trust in sustainability claims by investment funds.
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UK draws fire for insufficient climate finance strategy in face of US, EU plans
22 November 2023The UK government has been criticised by an investor group for failing to detail a comprehensive net-zero investment strategy in its latest set-piece policy announcements, placing it at risk of falling further behind the US and EU in attracting green investment.
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UK prime minister under fire from industry for weakening climate policies
20 September 2023UK prime minister Rishi Sunak announced he would delay a ban on the sales of new petrol and diesel cars and the phasing out of gas boilers, drawing a wave of criticism from investors and corporates who say the move harms plans for the transition.