Wednesday 29th July 2015                 Change text size:

city of london by Simon Rogers via freeimages

European banks failing to adequately integrate environmental and social risks, says study

Large European banks are failing to factor in the potential risks and opportunities of sustainability issues and the financial impacts, according to a study from KPMG and WWF. The report notes that the lack of awareness is despite growing pressure from investors to be informed of potential risks. The...


Solarkraftwerk

Renewables could account for 50% of EU electricity by 2030, according to leaked paper

A leaked consultation paper suggests that renewables will account for half of electricity capacity across the EU by 2030 in order to meet climate change goals. However, the paper warns that to accommodate this, changes to the electricity system will have to “come even faster”. Around a quarter of...


oil rig scotland by Steven Straiton via Flickr

UN urges oil firms to move to cleaner energy

Christiana Figueres, executive secretary of the UN Framework Convention on Climate Change, has urged the heads of six European oil majors to transition to cleaner technologies in a letter that praises their efforts so far. The letter, which has been addressed to the heads of BG Group, BP, Eni,...


Water poverty by Edwin Lee

NGOs urge world leaders to harness ‘historic opportunity’

World leaders have a “historic opportunity” this year to tackle climate change and eradicate poverty, according for NGOs who are calling on them to seize the opportunity. In a report, development and environmental NGOs CARE and WWF argues that two important government summits can be used to forge lasting...


loophole for coal - jonasclemens via Flickr

Report: investors face risks as credit rating agencies failing to consider climate change

Rating agencies could be repeating the mistakes of the credit crisis, where risks were underestimated to the detriment of the global financial system, by not factoring in climate change, according to a new report. The report – (Mis)Calculated Risks and Climate Change – Are Rating Agencies Repeating Credit Crisis...


Drought by Anthony Quintano via Flickr

G7 study: climate change a ‘global security threat’

Climate change will aggravate social and political tensions for decades to come unless action is taken, according to a new report commissioned by the G7 governments. The report, which was written by an international consortium, urges governments to make climate change a priority in foreign policy. It describes climate...


wind turbine by Colin Brough via Freeimages

Government to sell stake in Green Investment Bank

The government has unveiled plans to sell a stake in the Green Investment Bank. The decision has bee met with some criticism despite claims it will increase the volume of capital the bank has available to support green projects. It is still unclear how much of the bank the...


tokyo sun by Nicolas via flickr

Solar activity could affect UK winters but not enough to offset global warming

Solar activity could mean the UK, and other parts of Europe and Northern America, have cooler winters at levels not seen since ‘frost fairs’ took place on the River Thames, according to research from the Met Office. However, researchers added that the sun would not “save us from global...


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ICUN Red List: over 22,000 species threatened with extinction

The latest update from the IUCN Red List of Threatened Species reveals that over 22,000 species around the world are now threatened with extinction, from the Lion to the New Zealand Sea Lion, one of the rarest sea lions in the world. The Red List now contains 77,340 assessed...


landfill by ellesmere FNC + James via Flickr

Circular economy could boost UK GDP by £29bn

Embracing a circular economy in the UK could boost GDP by £29 billion over the next decade, according to research from Imperial College London. The report  – The Circular Economy Revolution – examines the economic benefit of transitioning to an economy that considers the challenge of resource depletion and...


coal power plant by Emilian Robert Vicol via Flickr

Report: power emissions to peak in 2029 as decarbonisation progress made

Emissions from the power sector will peak in 2029 and “tremendous progress” will be made to decarbonise power generation over the next two and a half decades, according to forecasts from Bloomberg New Energy Finance (BNEF). However, the organisation notes that more needs to be done if the world...


Pope by Aleteia Image Department via Flickr

Pope Francis criticises those involved in weapons industry

Pope Francis has labelled Christians that are involved in the arms industry or invest in the sector “hypocrites”. The comments come after the Pope published his encyclical in climate change and the environment. The Pope set aside his prepared speech as he addressed a really of young people in...


car fumes by Riley Kaminer via Flickr

UK needs to invest £10bn to meet low-carbon transport targets

In order to meet carbon emission reduction targets and encourage low-carbon transport, the UK needs to invest more than £10 billion by 2050, according to a new series of reports. A series of reports for the LowCVP by consultants Element Energy suggests that the UK can develop the infrastructure...


community solar energy partnership - N A I T via Flickr

UN: clean energy investment can support economy more than fossil fuels

Transitioning to renewable energy sources can create more jobs and positively benefit economies, according to a new report. The paper argues that investment in clean energy, rather than fossil fuels, will boost job creation. The research, from the UN Industrial Development Organisation (UNIDO) and the Global Green Growth Institute...


doctors by Fernando AUDIBERT via Freeimages

Climate change a ‘medical emergency’, says study

The threat climate change poses to human health is so great it should be considered a “medical emergency” and has the potential to undermine the last fifty years of gains in development and global health, according to a UCL-led Commission. The research, which has been published in the Lancet,...



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