‘Thames Water investors could lose everything’

Experts caution Thames Water investors that if they withhold further funding and the company goes into administration, they risk losing their entire investments

Ofwat gains new powers over water company dividends

The move is expected to prevent water companies from paying dividends that could threaten their financial stability

Cutting oil and gas production is not healthy, says new Shell boss

Wael Sawan has said the war in Ukraine has shown the “fragility of the energy system”

Fresh $630m investments to modernise US hydropower facilities

The funding will cover improvement projects that will make hydropower plants more energy efficient and resilient

New UK trial seeks to ‘nudge’ people into making greener pension choices

Dubbed the ‘Green Nudge’, the trial will test the impact of behavioural nudges and messages on increasing saver engagement and how it could translate into greener pension decision-making

UK pension schemes required to disclose climate alignment of portfolios

Pension savers will, for the first time, be able to see the impact of their investments and better understand how climate risks are being considered and mitigated

UN launches new sustainable land use finance impact hub

It aims to help end users, including impact fund, asset managers and debt managers, to identify and measure how land use investments generate positive environmental and social impacts

New Green Banking Academy launched in Europe and Central Asia

Implemented in partnership with the Austrian Federal Ministry of Finance, the initiative will help accelerate the green transformation of the banking sector in the region while tackling climate change

EU and Bill Gates announce ‘pioneering’ partnership to support clean technologies in Europe

The Commission and Breakthrough Energy Catalyst aim to mobilise new investments of up to €820m between 2022 and 2026

New alliance formed to promote climate investments in Asia

IFC and the Hong Kong Monetary Authority will bring together financial and research institutions as well as technology providers to develop, build and boost the capacity for green finance