COP29 Day 2: Keir Starmer sets UK emissions reduction target of 81% by 2035
Day 2 of COP29 saw UK NDC update, loss and damage fund mobilisation and MDBs’ commitments
UK
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BSC calls on government to channel social impact investing in Budget as market hits £10bn AUM
AUM has grown 12-fold since 2012, but social challenges in UK are growing
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Firms identify key barriers to business decarbonisation
Net zero a priority but firms point to ‘substantial challenges’ in the UK Net Zero Business Census
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Financing transition: The role of public/private partnerships in accelerating the UK’s green transition
The Investment Association’s Paul Scaping shares his thoughts on the role of private finance under the Labour government
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UK listed as the most common location for migrant worker abuse in 2024
‘New government has the chance to tackle these issues’, according to Business & Human Rights Resource Centre
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Sustainable investing ‘a key point of differentiation’ between political parties as voters head to the polls
The next government ‘will play a crucial role in steering us towards a sustainable future’
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ESG spending has ‘increased materially’ for 89% of asset managers
Fee compression remains unchanged in most sectors
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Asset managers still grappling with communications as anti-greenwashing deadline looms
UKSIF and PwC report flags concerns around SDR definitions, increasing regional divergence and threshold clarity ahead of first deadline
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Election provides opportunity to address ‘unresolved tension’ between energy security and net zero
Sustainable investors want a government strategy that responds to US Inflation Reduction Act
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Pressure mounts on UK government to accelerate net-zero plans with asset manager campaign
IIGCC, with members representing $65trn, have called on policymakers to move ahead with legislation in five key areas
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SMEs have the intention but not the resources to scale net zero
UK Finance report details the resource and cost challenges SMEs face in decarbonising
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UK government’s ‘humiliating embarrassment’ after High Court ruling
High Court ruled the government’s Carbon Budget Delivery Plan ‘not credible’