The funding from IFC will enable VPBank to expand its lending to small and medium businesses and boost financing for projects that help reduce carbon emissions.
Read More »UK Financing Fossil Fuel Projects Overseas Emitting 69m Tonnes of Emissions
The projects are backed by UK Export Finance – a government agency in the Department for International Trade – that provides loans and financial guarantees to UK companies involved in major projects around the world.
Read More »Glasgow’s First All-Electric Minibuses Hit the Road
The fives minibuses. funded by SP Energy Networks. will help Community Transport Glasgow to reduce carbon emissions by 33 tonnes.
Read More »Shipping Sector Needs more than $1tn of New Investment to Hit 2050 Targets
A new report from University Maritime Advisory Services. conducted on behalf of the non-profit Getting to Zero Coalition. suggests reaching full decarbonisation by 2050 could cost as much as $1.9 trillion.
Read More »UK’s Cement Industry Slashes Emissions by a Quarter since 1998
A new report says the reduction in emissions was achieved largely due to businesses improving their energy efficiency credentials. using alternative feedstocks and utilising more renewable energy sources.
Read More »UK Must Significantly Change Way Land is Used to Reach Net Zero
The Committee on Climate Change says the government must now confront the ‘rapid changes’ that are needed to drive decarbonisation while supporting the economy.
Read More »UK Rail on Track for Net Zero as Train Travels 40 Miles on Battery Power Alone
The firm says the Class 230 battery train has been fully approved and is ready to replace diesel stock for passenger service on a number of lines.
Read More »China Announces Plastic Bag Ban for Major Urban Areas by 2021
The nation also plans to stop restaurants giving out single-use straws by the end of 2020 and will force them to reduce the use of all single-use plastic items by nearly a third.
Read More »Amazon. IKEA. DHL and Siemens Among Major Firms to Join New EV Alliance
Led by US-based sustainability organisation Ceres. the Corporate Electric Vehicle Alliance will work to expand the EV market and help encourage global adoption of cleaner transport solutions.
Read More »Brook Green Supply Enters Into a Long-Term Wholesale Energy Supply Agreement with SCMI Limited
Richard Nicholls. Director and Head of Commercial at Brook Green Supply said that through this long-term partnership. SCMI will provide us the support required to scale our business and further develop our customer offering.
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