‘UK faces damages of more than £1 billion per year by 2050 with a temperature rise of 2°C’

The UK is facing 61 climate risks, according to the UK’s third Climate Change Risk Assessment

COP26 Live: Rishi Sunak to unveil how to make UK the first net zero financial centre

Under the new Treasure rules, financial institutions and listed businesses in the UK must set net zero transition plans that will be published from 2023

‘Nearly 48% of banking customers would cash out if they knew their bank was funding fossil fuels’

Seven-in-ten customers would choose a bank with a positive social and environmental impacts, according to a new report

Financial Conduct Authority to introduce landmark climate risk reporting in 2022

It plans to implement consistent climate-related disclosure requirements for asset managers and FCA-regulated pension schemes

Citi pledges $250bn to finance global climate solutions

The announcement has been made as part of the bank’s 2025 Sustainable Progress Strategy to help accelerate the transition towards a low carbon economy

Moody’s buys majority stake in climate risk data company

Four Twenty Seven’s data and indicators are used by corporations, banks and government agencies to understand and evaluate potential climate risk they hold in their portfolios and activities

Not all of UK’s pension funds taking climate risks into account

The Environmental Audit Committee said six out of 25 industry leaders do not formally consider climate change as a strategic danger