Interest rate cuts to create energy transition investment ‘megatrend’?
The energy transition could be one of the investment megatrends this year and beyond as interest rates are likely to be cut, says the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The comments from deVere Group’s Nigel Green come as central banks around the world continue to […]
Climate finance ‘critical to economic recovery’ say WTO, China and others
Green energy, innovative technologies and broad inclusivity could help secure an economic rebound in the face of inflation, geopolitical tensions, barriers to trade and talk of ‘decoupling’ that are creating headwinds for the global economy. That’s according to speakers at speakers in the Braving the Headwinds: Rewiring Growth Amid Fragility session at the World Economic […]
Lack of regulation a ‘key obstacle’ to renewable investment
Research from Downing LLP has identified liquidity constraints and insufficient regulation as the key barriers to investment in renewable energy for UK pension funds, other institutional investors and wealth managers. Downing offers both institutional and retail investors the opportunity to invest in renewable energy and other infrastructure in the UK and northern Europe. A survey […]
UK investors and wealth managers increasing their allocation to renewables
Research from Downing LLP (Downing) has revealed a dramatic increase in focus on renewables from UK pension funds, other institutional investors and wealth managers. Downing offers both institutional and retail investors the opportunity to invest in renewable energy and other infrastructure in the UK and northern Europe. Its survey of 100 UK professional investors, who […]
UN urges G20 countries to invest in nature-based climate change solutions
A new report, titled The State of Finance for Nature in the G20, stresses the urgency of increasing net-zero and nature-positive investments if the world is to adequately close the climate finance gap. The report is led by the UN Environment Programme (UNEP), the World Economic Forum, the Economics of Land Degradation, hosted by the […]
CENTRICA: UK firms to invest £15.8bn in EVs this year
Research conducted by Centrica Business Solutions has revealed that UK firms spent £10.5bn on electric vehicles (EVs) and on-site charging points during the year to March 2021, and are now planning £15.8bn of investment in the same area over the next 12 months – a 50% increase year-on-year. Two fifths (40%) of those questioned said […]
EIB pledges €3.4bn for climate action and clean energy
€3.4 billion of new financing has been approved by the European Investment Bank (EIB) to accelerate the shift towards renewable energy and sustainable transport, corporate innovation, improved housing, education and communications. €2 billion to harness wind and solar power The bank’s Board of Directors of the EIB approved financing for the development of renewable energy […]
£90 million government boost for green aerospace manufacturing
The government says 1,400 jobs could be secured across the UK thanks to nearly £90 million investment in aerospace manufacturing. The government-industry funding for the five projects through the Aerospace Technology Institute Programme aims to improve manufacturing within the aerospace industry, developing technology to make production lines quicker, more efficient, and more cost-effective. A particular […]
EDF doubles down on energy storage with PowerUp investment
Cleantech sector startup PowerUp has completed a new round of funding worth €5m from Supernova Invest, business angels, and the EDF Group. Founded in 2017, France-based PowerUp has developed a breakthrough technology based on more than ten years of research by CEA-LITEN (innovation laboratory for new energy technologies), as well as on a total of […]
Insurers eye ‘billions of pounds’ in clean energy investments
The insurance industry has put forward ideas to make it easier for the financial sector to invest in greener assets, which it says will unlock billions of pounds worth of funds to tackle climate change. According to the Association of British Insurers (ABI), the UK’s insurers alone hold over £1.8 trillion in invested assets, plus […]