Foreword from Dr. Paul Beers – Head of Sustainability
Green finance is the increase of financial flows from banking, micro-credit, insurance, and investment to give both a decent rate of return and an environmental benefit.
During Cop26 the UK Government committed to becoming the first net zero-aligned financial centre in the world. Sustainable (or Green) finance is a key part of the UK’s climate and environment goals.
In 2021, the UK’s Green Financing Programme was launched that issued green sovereign bonds and retail Green Savings Bonds for the first time. This raised £16.4 billion in its first year to fund projects in 6 areas:
These government bonds provide long term investment opportunities for pension funds to invest in projects that tackle climate change and fund the transition to a net zero economy.
This focus week will explain all things green finance and how you can adopt sustainable financial practices.
See our Grants page to find out which
green grants you are eligibible for:
The climate policies put in place by our high street banks need to be significantly worked towards, as research shows 50% of our high street banks are behind. Reclaim Finance, a non-governmental research and campaigning organisation, and UK information company,...
Written by Jo Hand Many people overlook the impact that our money has on the climate. At COP27 it is essential that global leaders make significant progress on the crucial issue of climate finance. The importance of climate finance is key to achieving the goals of the...
About Make My Money MatterThe Make My Money Matter campaign is powered by the people in order to fight for the right for everyone to know where their pensions are being invested. The campaign is working hard to encourage people to demand the right to have a say in...
There are a large range of podcasts out there for you to listen to, that cover a range of topics. We have put together a list of our top podcasts or podcast episodes, that will help you to understand Green Finance:Link: www.bbc.co.uk/programmes/m0017463 This episode...
The UK Government has issued a statement claiming that they will soon launch a new fund that will help to encourage homeowners to choose affordable green finance products in order for them to lower their carbon footprints. The government is also encouraging lenders to...
By 2023, all of the UK’s listed companies and financial institutions must publish their net zero transition reports. This was announced soon after COP26, by the UK’s former Chancellor, Rishi Sunak. EY, one of the largest professional services networks globally has...
On the 19th of October 2022, the Chief Executive of the UK’s Environment Agency, Sir James Bevan, carried out a speech to address the climate emergency and the solutions we have to prevent any further damage. One of the main points he addressed was that we must adapt...
How are we going to get there?The UK Government has announced that the UK will become the world’s first Net Zero-aligned Financial Centre. For this to happen all UK banks must have a transition plan in place, by 2023, that will outline how they will decarbonise and...
What is the UK Green Taxonomy?The UK Government has set out a group of guidelines that indicate whether economic activity is sustainable or not. The taxonomy has been put in place to help companies to get in line with the targets set within the Paris Agreement. For an...
About Good with Money Good with Money was set up to help people to understand whether their money lender is kind to the environment. They wanted people to realise that understanding money is not only about the profit and financial benefits you can receive, but also...
Many of the UK’s largest banks pledged to put targets in place to be in line with the UK Government’s 2050 net zero target. This means that these banks should now being taking steps into making the work they do more sustainable. This includes making greener and more...
Many of us don’t know what happens to our money when we deposit it into our bank accounts. We know that our banks and building societies are there to look after it until we need to use it. But what do they do with it whilst it’s in the bank? Firstly, it doesn’t just...
One of the biggest ways for you to help combat climate change is to move your pension to somewhere much more sustainable. Within the UK, pensions are worth £3 trillion, with a lot of this money being invested into projects, such as fossil fuel projects, by the banks...
The UK Government’s target of net zero by 2050 will have more of a chance of becoming a reality due to green banking. Green banking allows our money to create a future that is much more sustainable. Their investments into green and sustainable projects will help the...
Green Finance is where financial activities support the environment, which leads to better environmental outcomes. This includes the purchasing and the selling of eco-friendly products and services, buying or leasing an electric vehicle, making your home more...
If you are wanting to move your money away from institutions that fund fossil fuels, Switch It Green, a UK not-for-profit organisation can help you to do this easily. Those at Switch It Green after realising that moving your money is the best way to reduce the amount...
OrganisationSwitchIt.green RolesFounder and Campaign Director Company descriptionSwitchIt.green is a not-for-profit organisation that was established in order to help people move their money out of institutions, including banks, that use their money to fund companies...
Due to climate change many countries within Europe are looking towards making their finance sectors greener. In 2021, there was a 97% increase in the value of green finance in Europe, according to the report carried out by New Financial. With many countries having...
Co-operative Bank, Britannia, and Platform mortgage holders, that are eligible, will have access to a green additional borrowing product. They will also have access to a new tool that has been powered by the Energy Saving Trust. This energy saving improvement tool...
 Thank you to our partners for their
contributions to this week.
Sign up to our mailing list for occasional email updates, or get in touch today.
