There was praise for the chancellor’s plan for a new national infrastructure bank, but experts warned that it must be given a clear mandate and adequate funding to ensure its investments drive a green economy. “A net zero mission must be put at the heart of the institution,” said Kate Levick, of E3G. “It must also be given full banking powers, an independent remit, and the capital needed to drive our green recovery.” … [Read more...] about Rishi Sunak’s spending review ‘will fail to kickstart green recovery’
Rishi sunak
Bank of England needs more powers to decarbonise economy, say experts
It comes after Sunak announced that large companies and financial institutions would be forced to come clean about their exposure to climate risks within five years, as part of a tougher disclosure regime to help make Britain a net zero carbon country by 2050. … [Read more...] about Bank of England needs more powers to decarbonise economy, say experts
Johnson ‘looking at potential of relaxing some lockdown measures’ next month
The government will look at the possibility of lifting some restrictions in England from mid-February, Boris Johnson has said, though he confirmed the government was looking at tougher measures on traveller quarantine.The prime minister suggested the government would examine the data in the run-up to the 15 February review date to see if some restrictions could be lifted, including the return of pupils, but refused to commit to pupils being back at school before the Easter holidays. … [Read more...] about Johnson ‘looking at potential of relaxing some lockdown measures’ next month
