World’s SMEs will need as much as $50 trillion to make net zero, says HSBC and BCG report October 28, 2021 The world’s small and medium-sized enterprises (SMEs) will need as much as $50 trillion worth of investment to meet net zero, according to a joint report by HSBCs and the Boston Consulting Group. Smaller businesses have struggled amid the decarbonisation push, which seeks to reduce the world’s emissions to avoid climate change, as they have [...]
COP26: Change your diet and fly less to help save the planet, Sir Patrick Vallance warns October 28, 2021 Behavioural changes such as eating less meat and flying less, as well as green technology to tackle the climate crisis, the UK’s chief scientific adviser has said. Sir Patrick Vallance made the comments as he joined senior scientific advisers from around the world to issue a statement ahead of the Cop26 climate talks, calling on [...]
Budget ‘missed opportunity’ to use tax to get UK to net zero target, says City law firm October 28, 2021 The Budget has missed the opportunity to incentivise taxpayers to help achieve net zero, according to one of the main City law firms. Whilst the Chancellor has announced tax changes to encourage businesses to invest in green technology, the Chancellor also rolled out a cut in fuel duty and air passenger duty, potentially denting the [...]
Climate activists hold night protest against Science Museum’s fossil fuel partnership October 27, 2021 Student climate activists hold a protest inside London's Science Museum over its sponsorship deals with fossil fuel companies.
Nearly 60 per cent of firms will miss UK net zero target, says Microsoft report October 27, 2021 Just over 40 per cent of UK firms are on track to meet the government’s net zero target of 2050, new research from Microsoft and the University of London has revealed. The figures suggest that the country’s net zero efforts may be far more difficult to achieve if the majority (59 per cent) of firms [...]
Bowing out: The Queen will no longer attend Cop26 October 26, 2021 Buckingham Palace has announced that the Queen will no longer be attending Cop26, as she follows doctor’s advice to rest. Queen Elizabeth was due to be in Glasgow for the climate conference on Monday to host an evening reception for world leaders, however will “regretfully” no longer be able to attend. A statement issued by [...]
Ray of light ahead of COP26: Nine in ten Brits are greener than five years ago October 26, 2021 Nearly nine in 10 British consumers have become greener in their purchasing over the last five years, according to new research shared with City PM today. Moreover, a third of UK consumers are prepared to pay more for sustainable products and services. Those UK consumers were willing to pay on average 25 per cent more [...]
COP26 buzz? Squid Game is more talked about than climate change October 26, 2021 A dystopian landscape where resources are limited and humans must struggle for survival. It’s not the climate crisis, but Netflix’s latest hit show that’s dominating online conversation. Despite COP26 – dubbed the world’s ‘last best hope’ climate summit – taking place next week, we’re focused more on fictional threats than real danger. According to a [...]
COP26: Which country suffers the most from extreme weather? October 26, 2021 As world leaders prepare to meet in Glasgow for COP26 on Monday to discuss their response to climate change and its impact, the annual climate risk index 2021 showed more powerful storms are battering people and economies harder, with the poor suffering the worst losses. Watch the full report.
Photo hoarding carries higher carbon cost than international flights October 26, 2021 New research today reveals Britons' hidden dirty data habits, with the nation’s trigger-happy social snappers contributing over 355,000 tonnes of CO2 every year through unwanted pics alone: the equivalent to the entire population of Chelmsford flying to Australia and back
