Friday 25th July 2014                 Change text size:

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Bloomberg: economic risks of climate change ‘impossible to ignore’

A new report has warned that businesses and economies stand to lose billions if inaction on climate change continues. Despite the stark warning, it argues that the most severe risks can be avoided through early investment. The Risky Business Project launched in 2013 and focuses on quantifying and publishing...


Photo: J Brew via Flickr

Unesco blocks Australia’s proposals to open up Tasmanian rainforest to logging

The UN has rejected a proposal from the Australian government to revoke the special protection afforded to 74,000 hectares of Tasmanian rainforest, in order to allow logging operations in the region to resume. The controversial request was unanimously rejected within just seven minutes at a meeting of the Unesco’s...


Cimexus via flickr

Global warming: May 2014 hottest month on record, says Noaa

May 2014 was the warmest since records began in 1880, with land and ocean temperatures across the world hitting an all-time high, according to the latest data from the US National Oceanic and Atmospheric Administration (Noaa). Average land and ocean temperatures in May were 0.74C higher than the last...


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Human trafficking at sporting events highlighted as World Cup continues

As the group stages of the World Cup draw to a close, a report from the US has highlighted the impact major sporting events can have on human trafficking, in terms of both forced labour and sex trafficking. The report – Trafficking in Persons – aims to be the...


pounds stacked by Images of Money via Flickr

Big Society Capital backs community projects with £1m social investment

Social investment bank Big Society Capital is investing £1m in a fund designed to support community projects if there is a funding gap. It is hoped the investment will allow community groups to be more ambitious in the scale of share offer they launch. Big Society Capital launched in...


Photo: coaljoe via Flickr

Climate scientists need professional body to communicate evidence

Climate scientists need to rethink the way they communicate the evidence and risks of climate change, according to a new report that finds experts are often ill-prepared to engage in public debate on the use of their findings. The report, published on Tuesday by a cross-disciplinary policy commission established...


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Government estimates electricity market reforms will lead to £100bn investment

Investment in the renewable energy sector will be boosted due to low-carbon electricity incentives leading to an additional £100 billion investment by 2020, according to the Department of Energy and Climate Change (DECC). The secondary legislation of the government’s Electricity Market Reform (EMR) has been pushed forward, taking one...


Robert Linder via Freeimages

Shopper finds ‘cry for help’ from exploited worker in Primark dress

A young woman from Swansea found a label stitched into her newly bought £10 Primark dress, detailing how the garment worker had been “forced to work exhausting hours”. Rebecca Gallagher, 25, had quite a surprise when she looked at the label of her new flowery dress bought at Primark...


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New cycle hire scheme launched in Glasgow to cut pollution and keep citizens fit

Glasgow’s sustainable transport sector has received a boost with a £600,000 cycle hire scheme. Campaigners have welcomed the initiative, stating it will simultaneously improve citizens’ health and cut pollution. The initiative, which comes as the city gears up to host the Commonwealth Games, will see 400 bikes available to...


Ohio Office of Redevelopment  via flickr

Divestment: University of Dayton first Catholic university to ditch fossil fuels

Catholic and Marianist University of Dayton in Ohio has publicly announced it will divest its holdings from fossil fuel companies and divert its finance towards ethical and green solutions. The school would be the first Catholic university to make such move, with divestment becoming more and more popular among...


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Charity Bank offers Yorkshire social enterprises ‘financial resilience’ support

Social businesses in Yorkshire and the Humber will be given financial support through a new programme established by the Key Fund the social bank Charity Bank. Recognising the need to provide help for socially-orientated start-ups, the Early Days and Changing Ways initiative aims to provide assistance through “valuable information...


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Greenpeace apologises for employee’s air travel arrangements

The head of Greenpeace UK has apologised to the charity’s supporters for the travel arrangements of one of its senior employees, who has been criticised for regularly commuting from Luxembourg to Amsterdam by plane. On Monday, the Guardian revealed that Pascal Husting, Greenpeace International’s international programme director, flies several...


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New mis-selling scandal could be ‘bigger problem’ than PPI

A new mis-selling scandal, centring on interest rate protection products, know as swaps, could be a “bigger problem” for banks than payment protection insurance (PPI), which has seen them pay out £22 billion. An investigation by The Independent has suggested that Lloyds Bank, which remains partly owned by the...


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Green Investment Bank to launch £1bn offshore wind fund

The government-owned UK Green Investment Bank (GIB) has unveiled new plans to raise a £1 billion fund that will encourage private investors to support Britain’s offshore wind farms. The announcement comes as the bank, launched in late 2012 to drive investment in low-carbon projects, publishes its 2013-14 results. In...


Michaela Kobyakov via freeimages

‘Overwhelming and clear evidence’ that neonicotinoids harm bees and food

Neonicotinoid and fipronil insecticides pose a major risk to a variety of species, including declining pollinators and are affecting global food systems, according to a team of 29 scientists that has reviewed scientific literature on the impact of the chemicals. A team put together by the International Union for...


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