The Green Finance Taskforce will have six months to come up with proposals on how to increase investment in the low-carbon economy and will work with banks and other financial institutions. UK green energy expensive? Claire Perry, minister for climate change, said the UK already showed strong investment in low-carbon activities, and should build on its strengths. “But ministers must also do far more to reduce investment in climate-wrecking fossil fuels, such as fracking and deep sea oil exploration. There, some UK companies including Aviva, WPP and Marks & Spencer joined with others from around the world to endorse the disclosure of climate risks to investors.

Source: The Guardian September 18, 2017 17:28 UTC