Wednesday 3rd June 2015                 Change text size:

coal power plant by Emilian Robert Vicol via Flickr

$100bn climate finance goal achievable but stronger commitments needed

The goal of mobilising $100 billion (£65.5bn) per year in international climate funding by 2020 is achievable but requires various sources of funding, including public and private sectors, to be brought together, according to a report from the World Resources Institute. The paper – Getting to $100 Billion: Climate...


Ki-Moon Norway UN (New York) via Flickr

Ban Ki-Moon calls on governments to invest in low-carbon industry

UN Secretary General Ban Ki-Moon has said that civil society movements are vital to reaching fair and sustainable climate targets at the Paris conference in December. Ban Ki-Moon said that governments should invest wisely in low-carbon technology if world leaders are to work together to avoid the disastrous consequences...


Martin Nikolaj Bech via flickr

Energy bosses call for carbon pricing system

Chiefs of global energy companies including BP, Shell, Total and Eni have called on world leaders to recognise the role natural gas can play in a low-carbon economy and urged to adopt a carbon pricing scheme in all countries ahead of UN talks in Paris. In a letter published...


Transition Movement conference

Global Transition movement conference to come to the UK in September

Totnes in Devon is expected to welcome hundreds of Transitioners from all over the world in September to share ideas and progress about reduction of energy consumption and waste, food growing and other core issues for the Transition Movement. The event will take place in Totnes, Devon on September...


Ian Barbour via Flickr

Australian religious leaders call for greater emissions reduction targets

Anglican, Hindu and Buddhist leaders have written to members of the Australian Parliament asking for ambitious post-2020 emissions reduction targets, which are a ‘moral imperative’ to protect future generations. In a letter to members of the Parliament a group of leaders from various religious traditions has urged the country...


Wojtek Szkutnik via flickr

FBI arrests Fifa officials over “rampant, systemic and deep-rooted corruption”

US prosecutors have accused nine senior Fifa officials of running a $150 million fraud through a “rampant, systemic and deep-rooted” corruption network to “acquire millions of dollars in bribes and kickbacks”. US attorney general Loretta Lynch explained that those arrested, who include former Fifa vice-president Jack Warner and five...


High Ratings

EU to continue Amazon investigation despite tax changes

The European Commission has said that it will push ahead with an investigation into Amazon’s past conduct in relation to tax, despite changes being announced by the multinational firm. Amazon has come under fire in recent years for its tax affairs, with MPs blasting the firm – along with Google...


pylon power

Energy industry calls for new climate targets

Leaders within the energy industry have said that uncertainty in energy policy has hampered low-carbon growth, calling for clear long-term targets to avoid dangerous climate change. Energy leaders have said that climate change must be a long-term factor in energy policy ahead of a conference of world leaders in...


Screen Shot 2015-05-27 at 09.32.43

Queen’s Speech: ‘worrying omission’ of climate change action

The Queen will formally open the next Parliamentary year at the Palace of Westminster on Wednesday, setting out the Conservative government’s agenda for the next 12 months. But there are concerns that the speech will do little to mitigate the effects of climate change or invest for the future....


city of london

Former trader Libor trial begins

A former trader for UBS and Citigroup is the first to face a criminal court over his alleged role in the Libor scandal that has undermined the integrity of banks in recent years. Tom Hayes will appear at Southwark Crown Court on Tuesday in what is the first trial...


aprilbell via freeimages

Oxford graduates ‘give back’ degree to protest over fossil fuels investment

Almost 70 Oxford alumni have symbolically handed back their degrees to criticise the university’s weak policy on fossil fuels investment – which excludes only direct investment in oil sands and coal but fails to address other money invested in unsustainable sources of energy. Oxford University announced last week it...


mirianpastor via Flickr

17 more women needed as FTSE 100 directors to hit the 25% target

With head of retail banking at Lloyds Alison Brittain becoming chief executive of Costa Coffee and Whitbread, the UK is on track to meet the 25% target of female board directors set by the government by the end of the year. Alison Brittain – who has had a long...


Patrick Finnegan via Flickr

Last day to vote for the Observer Ethical Awards

Today is the last chance to have your say on Britain’s most ethical companies and individuals for 2015 and win prizes. The Observer Ethical Awards wants to celebrate those fighting for environmental and social justice in the UK and elsewhere. Categories include campaigner of the year – with Naomi...


Francisco Osorio via flickr

First UK’s fossil free pension scheme to be launched on Monday

London charity Platform is launching the first cooperative and fossil free pension scheme in the UK, focused on sustainable society and renewable energy. The scheme, called OurFuture, challenges traditional pensions, which have millions invested in fossil fuels, large multinationals and unethical banks. The charity says the new scheme will...


barclays phone

Barclays issued with record £1.5bn fine

Barclays bank is to pay a record £1.5bn fine after admitting members of staff were involved in rigging the foreign exchange rate. Barclays has reached a settlement with US and UK authorities worth over £1.5bn after it failed to ensure proper standards were maintained in its involvement with the...




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