Triodos Bank UK is partnering with Paces Sheffield, a charity for children and adults with Cerebral Palsy and other neurological motor disorders, to raise £1.5m through a new bond offer on the Triodos Crowdfunding platform.
According to Bank.Green’s Money Movement campaign, the world’s 60 largest private-sector banks have poured $3.8tr into fossil fuel projects since the Paris Agreement. The campaign, in partnership with a coalition of movements and organisations including BankTrack and Reclaim Finance, encourages bank customers to take action against their banks.
The UK is investing £10m in a new national green finance research centre that will advise lenders, investors and insurers, enabling them to make environmentally sustainable decisions, and support a greener global economy.
The majority of people in the UK see 2021 as vital for tackling the climate emergency with two thirds (67 per cent) believing the planet is in a worse shape than it has ever been, and that the world needs to act within the next year if it is going to tackle the climate emergency.
HSBC and Young Money have launched Money Heroes, a financial education programme centred around an innovative online platform designed to help teachers and parents collaborate on the delivery of meaningful and fun home and school learning.
New data analysis reveals that the carbon emissions resulting from six key consumer spending categories fell by almost a third during the national lockdown, with year-on-year emissions remaining much lower than in 2019.
The €1.85tr recovery plan unveiled by the EC , using ‘recovery bonds’ to finance a ‘next generation EU’ could see €500bn of these bonds spent as grants on national projects that could help accelerate the green transition.
Young people starting their first job should be automatically enrolled in a sustainable pension, the UK Sustainable Investment and Finance Association (UKSIF) has argued. UKSIF-commissioned polling shows millennials that want their savings to make a positive impact as well as making money and UKSIF is now urging MPs to support sustainable auto-enrolment.