Pre-payment customers ‘overpaying nearly £390m a year on energy bills’

That’s the suggestion from new research published by comparethemarket.com, which reveals 4.1 million customers are each paying on average £94 more a year for their energy than they would pay on a standard credit meter

Rockefeller Brothers Fund sees financial returns increase following fossil fuel divestment

The philanthropic foundation, founded by the grandsons of oil giant John D. Rockefeller, says its returns are now beating market benchmarks after shifting its portfolio to 99% fossil fuel-free investments in 2014

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

Dip in oil prices sees fixed household bills drop below £800 a year for first time since 2018

Low wholesale energy prices mean six suppliers are now offering a total of nine new fixed deal energy tariffs for less than this price

UK firms to save up to £300m a year as Climate Change Agreement scheme extended

The move to extend the scheme is expected to give eligible companies extra financial support and security

Lloyds Banking Group pledges to halve carbon emissions it finances by 2030

The financier has estimated this will have an effect equivalent to removing the emissions produced by almost a quarter of UK homes

Sustainable debt issuance hit all-time high in 2019

That’s according to Bloomberg New Energy Finance, which says it reached record levels of $465 billion, up 78% from $261.4 billion the previous year

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