EU finance ministers call to end fossil fuel investment

In a joint statement, finance experts from the EU have said divesting from oil, gas and coal projects would signal a significant shift in the region’s efforts to tackle emissions, pollution and climate change

Global banking sector ‘is failing to respond to the climate emergency’

Boston Common Asset Management claims green banking initiatives have not changed lending and investment practices in reality

Record investment pushes Iberdrola’s net profits up 20.4% to €2.5bn

The Spanish energy giant saw investments rise by 30% to €4.72 billion (£4.07bn), 90% of which were in Renewables and Networks

More than 2.5m households ‘being unfairly charged for utilities’

A new report from Echo Managed Services found more than 9% of customers have received inaccurate energy bills in the last year

Polymer banknotes ‘almost three times worse for planet than paper options’

New research claims this is the case despite their longer lifespan and contrary to the Bank of England’s initial claims that switching to them would be more eco-friendly

Domestic efficiency measures ‘pay for themselves 12 years faster than renewables’

New research highlights how the average renewable installation, such as rooftop solar panels or mini wind turbines, takes 21 years and three months before it starts to make a saving

Glennmont Partners raises €850m in clean finance round

The alternative energy investment firm originally aimed to raise €600 million with the fund

Igloo Energy cuts prices by 3.5%

It marks the third time the challenger energy brand has reduced its prices this year

Centrica
Centrica warns of ‘challenging’ start to the year

The energy giant said factors such as the default tariff cap, warm weather and falling natural gas prices have caused more difficult trading conditions than it hoped for

University of Cambridge
University of Cambridge accepts calls to further explore divestment options

The move follows increasing concern from staff and students regarding the university’s financial investments in oil, gas and coal businesses