Professional investors have been stubbornly resistant to the idea that climate change should have any bearing on their decision-making. They continue to sink money into high carbon industries while ignoring the returns available from green infrastructure like clean energy and sustainable transport. These low carbon developments face an annual global funding gap of $1 trillion dollars. As Martin Wolf said in the FT, “Investors are implicitly betting [that] the world will abandon its pledge to keep emissions below the level thought to produce a rise of 2C.” Continue reading
This post is by Saker Nusseibeh, chief executive officer of Hermes Fund Managers. It is the foreword to Green Alliance’s new report The future savings challenge, produced in association with Hermes.
In the debate about the future of the financial system and the reforms needed to ensure that it is better positioned to serve its proper purpose in society, what is often forgotten is that the investment industry is merely an agent for ordinary savers, who are often excluded from the discussion by the ‘professionals’ and the academics. Such exclusion reflects the disassociation of the ultimate asset owners from the actions undertaken by their agents, which in many ways has contributed to the dysfunctionality of the industry. Continue reading
This post is by Eddie O’Connor, co-founder of Mainstream Renewable Power, it first appeared on his blog.
We used to think that ‘Flaming June’ was rose-tinted nostalgia for long lost summer holidays, but this year the National Oceanic and Atmospheric Administration (NOAA) confirmed that, in June 2014, the average global temperature was 16.2C (61.2F), 0.7C higher than the 20th century average. May 2014 also broke the record. Continue reading
A version of this post was first published on BusinessGreen.
With memories of the world cup fading fast, something that has stayed with me are the many scenes of jubilant fans, perhaps because these reminded me of happy times spent in Brazil during its famous carnival celebrations. But it also brought back less happy memories of street children weaving their way through the partying crowds scooping up the beer cans that fuelled the revelry. Continue reading
There has been no shortage of great proposals in our series of big manifesto ideas for the parties going into the next election.
Leading thinkers have contributed ideas, alongside our own, for achievable actions to make the UK a greener, more prosperous country, on areas like low carbon infrastructure and innovation, and community involvement in energy supply and planning. Continue reading
Posted in Climate change, My big idea, Nature and wildlife, Political Leadership / NGO Engagement
Tagged grouse shooting, hen harrier, Leo Hickman, Martin Harper, Paris 2015, RSPB, SDGs, WWF
This post is by Katherine Watts, Green Alliance’s head of energy.
The full potential of reducing electricity demand is still far from being realised in the UK, despite being a low cost, low pollution and health improving way to reduce reliance on imported fossil energy.
The UK has considerable scope to turn megawatts into ‘negawatts’. Very conservative government figures suggest that almost 39TWh could be reduced, amounting to ten per cent of the country’s predicted total electricity demand for 2030. Continue reading
With the next general election approaching, we’ve asked leading thinkers to give us their one big manifesto idea for a greener Britain, alongside some of our own.
There’s no shortage of great ideas, with fifteen strong proposals already under the belt covering a wide range of subjects, from infrastructure to pensions. Continue reading
Posted in Environment, Low carbon energy, My big idea, Nature and wildlife, Policy, Politics, Sustainable Business, Sustainable Economy
Tagged common fisheries policy, Forum for the Future, Greenpeace, my big manifesto idea, negawatts, sally uren, sustainable business accounting
Our new report, Wasted opportunities, marks the end of the second year for the Circular Economy Task Force of leading businesses. It reveals that outdated recycling systems are losing the UK economy £1.7 billion in wasted plastics, electronics and food.
The report comes at a time of transition for the circular economy. Our work over the past year has uncovered positive signals. Alongside task force members, we’ve talked to businesses ever keener to take up the idea and make the circular economy part of their values and their business model. With them are policy makers in Brussels, Edinburgh and Cardiff, talking of ambitious targets and policy support. In Westminster, enlightened politicians from all parties are beginning to explore the concept and seeking to incorporate the ambition to be more circular into their manifestos. Continue reading
A version of this article was first published on Labour List.
At last year’s party conference, Shadow Business Secretary Chuka Umunna said to a public meeting that he had recommended Labour’s electoral team to make a television broadcast around Ed Miliband’s work at the Copenhagen summit in 2009. It would have shown the Labour leader as someone operating comfortably and in a statesmanlike way with the world’s most powerful. But it didn’t happen and, instead of showing how Labour could stand strong on the international stage they focused on domestic energy policy, launching the prize freeze at the same conference. Continue reading