After years of intermittent excitement and fizzled expectations, environmental-oriented investing is no longer just a niche interest. “We’ve reached the tipping point and beyond,” said one power-company executive.
Nigel Farage appears to have made a U-turn on climate change, after signing up as a lobbyist for a Dutch green finance firm, in his first commercial role outside frontline politics.
Large investors are piling pressure on the UK government to take bolder action in the fight against climate change, despite the green finance measures unveiled by the chancellor last week.
The European Union's proposed €750 billion fund to help the bloc recover from the coronavirus crisis will have green strings attached, with 25% of all funding set aside for climate action, the European Commission has said.
