Schroders Greencoat, the renewables and energy transition infrastructure manager of Schroders Capital, has launched a long-term asset fund (LTAF) dedicated to renewable energy and energy transition infrastructure. The Schroders Greencoat Global Renewables+ LTAF is designed to allow UK pension savers to invest in this asset class while benefitting from “stable, diversifying and inflation-linked investment returns”. It will be managed by…
Pollination, the nature investment and advisory firm, has appointed Dame Amelia Fawcett as senior adviser to the business. Currently, Fawcett is the lead director of State Street, co-chair of the International Panel on Biodiversity Credits (IAPB), chair of the Royal Botanic Gardens, Kew and chair of the Circular Bioeconomy Alliance. She will be advising Pollination on how to help clients…
The European Commission announced the release of its strategy to significantly increase industrial carbon capture, storage and utilization capacity across the EU over the next several years, forming a key part of its plan to achieve its climate goals, including reaching net zero emissions by 2050. The new strategy was launched alongside the Commission’s recommendation on Tuesday to set a…
The European Commission’s proposal for almost full decarbonisation by 2040 “is revolutionary and reinforces the EU position as a global leader on climate change”, according to a leading policy director at the International Emissions Trading Association (IETA). Based on initial impact assessments and the advice of the European Scientific Advisory Board on Climate Change, the Commission is recommending an EU-wide…
Current agricultural practices require profound transformation. This is creating unprecedented opportunities across the global food value chain. From daily bread to daily headline, food is a hot topic. Pasta shortages panicked shoppers during the pandemic, while surging inflation has fuelled steep increases in the cost of the weekly shop. But what’s going on behind the scenes where consumers don’t usually…
Measures put in place to restore confidence in carbon credit markets could help push prices to $238 per ton, building a market value of over $1.1trn by 2050, according to BloombergNEF’s (BNEF) Long-Term Carbon Offsets Outlook 2024 report. Ongoing scrutiny and reputational issues led to 2023 being a challenging year for the voluntary carbon market, and 2024 looks set to…
ESG ratings providers will need to seek approval to ensure they comply with transparency requirements under rules that were provisionally agreed by the European Council and European Parliament this week. Lawmakers announced on 5 February they had agreed the regulation of ESG ratings activities to boost confidence in sustainable products: ESG rating providers will need to pay to be authorised and…
The European Commission today unveiled its anticipated recommendation to set a target to reduce net greenhouse gas emissions by 90% by 2040, compared to 1990 levels, kicking off the process of establishing the next interim climate target into law, on the path to the EU’s ambition to reach climate neutrality by 2050. Alongside its new announced recommendation, the Commission outlined…