Morgan Stanley to disclose carbon impacts of its loans

It has become the first US-based global bank to join the Partnership for Carbon Accounting Financials and its Steering Committee

Rishi Sunak confirms £3bn green jobs plan to save money, cut carbon and boost employment

In his much-awaited Summer Statement, which serves as a recovery plan for the UK economy, the Chancellor outlined how he planned to tackle ‘profound economic challenges’ with a ‘historic investment in infrastructure’

Almost 40% of households report increase in utility bills since Covid-19 began

Almost 60% of Britons say the overall cost of life has increased during the pandemic, according to a new survey

New scheme launched to make UK’s £3 trillion pension pot more sustainable

Make My Money Matter aims to drive systemic change in the pension industry by ‘putting people and the planet alongside returns’

Scottish Government announces £62 million fund for energy sector

The finance injection aims to help the energy sector recover from the “dual economic impacts” of the coronavirus pandemic and the oil and gas price crash

US-based consortium awards $10.3m of funding to advance offshore wind industry

The money will be spread among 12 projects investigating a range of topics, ranging from floating wind turbine moorings to grid stability technologies and optimisation software

Six global finance giants sign up to Powering Past Coal Alliance

Members of the group are committed to ending finance for coal-fired power, meeting the aims of the Paris Agreement and encouraging others in the financial and utilities sectors to decarbonise

Government launches £40m Clean Growth Fund to ‘supercharge’ sustainable start-ups

The fund will be accessible to UK-based companies developing green solutions across the power, transport, waste, and building energy efficiency sectors

Switzerland increases available solar rebates to $388m to support struggling market

The boost of funding available for solar rebates aims to lessen the impact of the pandemic upon the solar market and encourage more consumers to go ahead with installations

DLA Piper and Zeigo partnee to develop AI contracting solutions for PPAs

They hope to make the contracting process easier and more open for PPAs of all sizes