Environment, Land & Resources

Tag Archives: low carbon economy

Investing in the Environment — European Commission Announces Innovation Fund

The Innovation Fund will promote advanced low-carbon technologies to reduce greenhouse gas emissions and promote decarbonisation. By Paul A. Davies and Michael D. Green By the end of 2018, the European Commission will set up an Innovation Fund (the Fund) to aid decarbonisation. To achieve this, the European Commission will amend the EU Emissions Trading … Continue Reading

First Subsidy-Free Solar Farm Opens in UK

By Paul Davies and Michael Green The first solar farm has successfully launched in the UK without government subsidisation. Clayhill Solar Farm, a 10 megawatt (MW) site near Flitwick in Bedfordshire, is capable of generating enough power for 2500 homes. Clayhill’s developer, Anesco, is a private company specialising in the design and development of solar … Continue Reading

UK Launches Taskforce to Encourage Growth of Green Finance

By Paul Davies and Michael Green The UK government has announced that it is bringing together a new taskforce led by senior financiers in order to encourage the growth of “green finance”. The taskforce, which will be chaired by Sir Roger Gifford, former lord mayor of London, has six months to develop proposals aimed at … Continue Reading

Bank of England’s Response to Financial Risks Arising from Climate Change

By Paul Davies and Michael Green On 16 June 2017, the Bank of England (BoE) published an article setting out its response to climate change, explaining that climate change and society’s response to it presents certain financial risks. These risks arise through two main ways: The physical effects of climate change such as droughts, floods … Continue Reading

Modern Industrial Strategy: Will the Environment Get Left Behind?

By Paul Davies and Michael Green The UK Department for Business, Energy & Industrial Strategy (BEIS) published a Green Paper on 23 January 2017, setting out the building blocks for the UK’s modern industrial strategy. Described by Theresa May as a “critical part” of the plan for post-Brexit Britain, the implementation of this strategy will … Continue Reading

Shanghai Issues Draft of Revised Environmental Protection Regulations for Public Comment

By Paul Davies and Andrew Westgate The Shanghai Municipal People’s Congress has released the revised Shanghai Environmental Protection Regulations (in Chinese only) for public comment. The revised Regulations, which first came into force in 1997, apply exclusively in Shanghai, one of China’s most prosperous and business-intensive regions and are an example of China’s continued commitment … Continue Reading
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