EU Council agrees position on ‘green finance taxonomy’

The proposal would create an EU-wide classification system to help investors identify which economic activities can be considered environmentally sustainable

Labour targets 52GW of offshore wind expansion by 2030

The party has announced the ‘People’s Power Plan’, aiming to deploy clean energy ‘at the scale and pace needed to deal with the climate emergency’

Climate finance: Nine multilateral banks to raise $175bn annually by 2025

The additional investment will focus on low and middle-income economies as well as on climate adaptation

Bristol Council seeks partner to deliver £1bn investment for carbon neutral city

The Bristol City Leap project, run in partnership with Bristol Energy, will establish a joint venture with an organisation or group of companies to support the delivery of its ambition

UN: Solar leads $2.6tn global renewable energy investment

Solar power capacity will have risen to more than 26 times the 2009 level – from 25GW to an estimated 663GW – by the end of the year

Portsmouth City Council to close Victory Energy

The council failed to find a buyer for its energy company

Australia ‘must take full advantage of green finance opportunities’

A new report suggests Australia has the capability and capital to “launch a wave of green infrastructure investment” through the next decade

Government announces £300m to accelerate greener travel

Funding will support new technologies including electric passenger planes, flying urban taxis and freight-carrying drones

Record high market share for battery EVs in July

Demand for battery EVs shot up by a staggering 158%, with a total of 2,271 sold last month

Amazon to deliver renewable energy in the US and Ireland

The wind and solar farm will supply power to Amazon Web Services’ data centres