Rishi Sunak’s Summer Statement: Industry responds

Chancellor Rishi Sunak has confirmed a £3 billion green jobs plan to save money, cut carbon and boost employment in the wake of the coronavirus pandemic – but what do businesses think?

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’

Investing in a green recovery ‘could create 1.6 million new jobs after the coronavirus crisis’

A new report from IPPR suggests delivering a clean and fair recovery, including a drive to insulate homes and fit low carbon heating, is the ‘best way’ to boost the economy

Boris Johnson promises to “build build build” to help UK recover from coronavirus crisis

Despite the re-affirmation of plans to plant more than 30,000 of hectares every year and increase spending on conservation, green groups have voiced disappointment with the Prime Minister’s speech

Government announces extension to non-domestic RHI scheme due to coronavirus

The previous deadline of January 2021 for projects to be operational has been extended to March 2022, in order to help protect investment in the renewable heat industry

Scottish Goverment injects £5.5m into renewables and low carbon heating projects

Communities which struggle to maintain the security of their energy supply and businesses which seek renewable-fuelled growth will be prioritised for the funding

Government should help establish pension ‘superfunds’ to invest in UK’s green recovery

That’s the suggestion from think tank the Social Market Foundation, which says merged pension funds would be the ideal financier of building new roads, power sources and communications networks

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

Volvo Cars powers factory in Chengdu with 100% renewable power

This change is estimated to reduce the plant’s carbon dioxide emissions by more than 11,000 tonnes per year

Wave of businesses vow to make their buildings net zero by 2030

The World Green Building Council signatories are also striving towards all buildings worldwide generating net zero emissions by 2050