Government 'green finance strategy' includes £5 million green home finance fund.
… Government gambles on green finance Emily Beament | 2nd July 2019 News City Of London Finance Net Zero Climate Breakdown ydmqqjwj.jpeg Government 'green finance strategy' includes £5 million green …
Orthodox economics and finance have promoted a false account of money, writes Ann Pettifor. Change is necessary and possible. But it will come only through a revolution in the general public's understanding.
… Breaking the despotic power of finance Ann Pettifor | 14th March 2014 News Finance Green Economy money-trp.png Orthodox economics and finance have promoted a false account of …
Poor countries are being left with little idea about what money is available to help them cope with climate change because of murky accounting and a lack of transparency by rich countries, according to an Oxfam study.
… COP19: Poor countries in the dark on climate finance Oliver Tickell | 14th November 2013 News COP19 Climate Change Finance Green Economy cop19-yeb-sano.jpg Poor … hundreds of billions of dollars in climate finance saved the event from total disaster. …
The governor of the Bank of England recently argued that the risk to the stability of the financial system from climate change is a responsibility of central banks, writes Matthias Kroll. They can begin by using QE - 'quantitative easing' - to finance the Green Climate Fund, and so stimulate the economy, rescue the climate, and save the global financial system.
… Matthias Kroll | 25th November 2015 Comment Finance Climate Change Green Economy Economics … by using QE - 'quantitative easing' - to finance the Green Climate Fund, and so … Buying bonds to create new liquidity. To finance the Green Climate Fund, central banks …
A powerful call has gone out the the US Export-Import Bank not to finance a massive coal mine, railway, port terminal and dredged 'canal' through Australia's Great Barrier Reef with $1 billion in loans and guarantees.
… US tax dollars must not finance $1bn Great Barrier Reef destruction! … 2015 News Coal Fossil Fuels Australia USA Finance Climate Change Natural World Oceans … gone out the the US Export-Import Bank not to finance a massive coal mine, railway, port …
Since the last big climate conference in 2009 the world's biggest private sector banks have provided more than nine more money to fossil fuels than to renewable energy - showing up their oft-repeated 'green finance' promises as little more than PR puff.
… | 3rd November 2015 News Climate Change Finance Unfccc COP15 COP21 coal-banner-cut.jpg … energy - showing up their oft-repeated 'green finance' promises as little more than PR puff. … same period they provided just $98 billion in finance to the renewables sector. The news …
Climate targets will remain a pipe dream as long as financiers fill the boardrooms of fossil fuel companies, and oil barons are rewarded with prestigious positions in our financial system.
… 2020 News Fossil Fuels Divestment Barclays Bp Finance Editor’s Picks Barclays Climate … companies keeps on spinning. Tushar Morzaria, finance director at Barclays’ Group, has … Barclays updated its coal policy to exclude finance for new coal projects, but it wasn’t …
The UK's 'Green Deal' energy efficiency scheme was a massive failure, writes Sue Roberts. But few knew just how bad until the NAO's report - which reveals that its main effect was to line the pockets of the Big Six energy companies, load the public with expensive loans, create a tangle of red tape, and engineer the collapse of the UK's nascent energy efficiency sector.
… Politics Energy Efficiency Corporations UK Finance insulation-cut.jpg The UK's 'Green … (NAO) on the Green Deal and the Green Deal Finance Company make shocking reading. … financially from households using Green Deal finance." Reading these two reports it rapidly …
World Bank President Jim Kim talks a good talk on cutting support to fossil fuels. But what the bank does, writes Victoria Seabrook, is a whole other story. Not only is the WB Group still pouring money into the sector, but its funding doubled between 2011 and 2015.
… Seabrook DeSmog.uk | 18th April 2016 News Finance Fossil Fuels Climate Change Emissions … the World Bank Group's total fossil fuel finance has trended upwards, with finance into the billions of dollars nearly …
France, Germany and other wealthy countries have positive policies on climate change, writes Steven Herz. So why are they handing out back door financing for new coal power stations abroad via 'export credits'? Over $5 billion from EU countries since 2007 ...
… Steven Herz | 11th June 2014 Comment Coal Finance Climate Change Trade Corporations EU … to stop exporting #climate chaos and #endcoalfinance - so OECD governments know that this … credits and guarantees for #coal! #endcoalfinance bit.ly/1hJSyFs - #Coal is not …
World Bank projects have left a worldwide trail of evictions, displacements, rapes, murders, forest destruction, greenhouse-gas-belching fossil fuel projects, and destruction of farmland and water sources, writes Pete Dolack. But even as internal reports admit the Bank's wrongdoing, it is asserting its immunity from legal action as terrorised communities seek redress in the courts.
… Pete Dolack | 23rd March 2017 News Law Finance USA Honduras India dinant-cut.jpg … palm oil plantations in Honduras that it has financed. The lawsuit, Juana Doe v. International Finance Corporation , alleges: "Since the …
Rural families in Bangladesh spend almost two billion dollars a year on preventing climate related disasters and repairing the damage.
… Climate Breakdown Climate Change Burden Finance Funding Bangladesh … in any country compared to public climate finance. Diverting resources Even though … a year in international climate and disaster finance ― or 6.42 dollars (533 taka) for each …
Between 2011 and 2016 the UK's export finance agency UKEF provided £109m to underwrite exports of equipment to coal mines in Russia, writes Lawrence Carter - despite the agency's commitment not to support 'investment in dirty fossil-fuel energy production'. And that's just a fraction of the £6.9 billion UKEF has lavished on the corrupt, polluting sector since 2000, while it was meant to be backing the clean energy technologies of the future.
… Greenpeace Energydesk | 16th May 2017 News Finance Politics Fossil Fuels Climate Change … Between 2011 and 2016 the UK's export finance agency UKEF provided £109m to … Private Eye. The support came from UK Export Finance, the government agency that …
New report backs Bank of England findings that only 10% of banks have a strategic approach to transition to low carbon economy
… Nick Breeze | 7th February 2020 News Banking Finance Green Finance Climate Change Thought Leaders Nina … If you look, for example, at the Green Finance Strategy released in the summer, it …
Parliamentarians and NGOs across Europe have signed joint statements calling for public development banks to respect human rights and stop funding fossil fuels.
… 2020 | News Editor’s Picks Investment Finance Economics Policy CDC Parliamentarians … first ever international meeting of public finance institutions, dubbed the Finance in Common Summit, as development banks …
As the G20 meet in China this weekend, it's time for governments to finally get tough on the world's tax dodgers, write Dipti Bhatnagar & Sam Cossar-Gilbert. The missing tax revenues would be able to finance a 100% renewable electricity system covering half the planet by 2030 - a major step in raising living standards and tackling climate change.
… G20: Dodged taxes could finance renewable power for world's poorest … 2nd September 2016 Comment Energy Renewables Finance Politics Green Economy Corporations … The missing tax revenues would be able to finance a 100% renewable electricity system …
In the teeth of determined oppostion from the British government, the EU has agreed on new regulations to curb speculation on food prices, reports Nick Dearden.
… Nick Dearden | 17th January 2014 News Food Finance Politics guatemala-food-market.png In … in the battle to reclaim our society from finance. But once again, the British … the high point of 'out of control' finance. So-called 'high frequency trading', …
Will the World Bank ever change? After decades of promises, initiatives, accords and re-branding, Bruce rich finds that the World Bank is the same old indiscriminate money-pump, still funding social and environmental catastrophe worldwide.
… | 24th February 2014 Reviews Economics Finance foreclosing-future.png Will the World … how World Bank projects and development finance over the last two decades have … of the World Bank's and International Finance Corporation (IFC)'s social and …
The world has watched the vertiginous collapse of the Icelandic economy in recent months with a mixture of fascination and horror.
… a lesson from the frontline of global finance Molly Scott Cato | 4th March 2009 Comment Iceland Economy Economics Finance Global Market Recession JObs Finance Globalisation Politics And Economics …
You've read about the Occupy Wall Street and London protests and you know about corporate greed (and the banking bail-out) but how can you do something about it?
… News Occupy Protest Politics And Economics Finance dsc_0241.jpg The global Occupy protest … banks. Take tar-sands for example, financed by consortiums of commercial banks … oils rely heavily on conventional finance, and indeed, major UK banks are often …
Just as George Osborne is hoping to get China to invest billions in EDF's Hinkley C nuclear plant in Somerset, news from EDF's Flamanville nuclear site threatens to sink the project. French regulators are to demand another lengthy round of tests on its flawed reactor vessel. And if Flamanville isn't working by 2020, £17 billion of UK finance guarantees for Hinkley C will collapse.
… 2015 News Nuclear Energy UK France China Finance Politics flamanville-dome-cut.jpg Just … isn't working by 2020, £17 billion of UK finance guarantees for Hinkley C will … companies and the UK government to fully finance Hinkley C's construction, estimated to …
As Japan's Fukushima disaster unfolds, the EU is financing a controversial nuclear expansion programme in Ukraine to increase exports to energy-hungry consumers in western Europe. Tom Levitt reports
… reactors down. However, it has been happy to finance the expansion of nuclear power …
Taxpayer-financed development banks have lent €500 million to Ukraine's biggest agribusiness company so it can undercut EU chicken producers, writes Fidanka Bacheva McGrath - while polluting the environment and grabbing land from local farmers.
… EU taxpayers finance Ukraine's 'chicken oligarch' Fidanka … 2015 News Ukraine EU Farming Land Grabs Finance yuriy-kosyuk-cut.jpg Taxpayer-financed development banks have lent €500 …