green finance

Newcastle International Airport has secured its first-ever sustainable finance package, totalling £208 million, from HSBC, ING, NatWest and the Development Bank of Japan (DBJ), to help reach net zero by 2035.

Clean private investment is required to increase by over £140 billion over the next five years if the UK is to reach its net zero targets, states the New Economics Foundation (NEF).

E.ON has agreed to be an anchor investor for a £210 million independent climate tech fund launched by Future Energy Ventures.

​Hitachi Capital UK has announced a new US$40 million (£29 million) green bond in support of its clean transport and renewables ambitions.

​SSEN Transmission has issued its second green bond, a £500 million seven and 15-year dual tranche Eurobond.

​The Green Finance Institute has announced a new partnership with the Laudes Foundation to accelerate the decarbonisation of the built environment.

​The government has unveiled £10 million in funding for new green finance research hubs in a bid to position Leeds and London as “global centres for green finance”.

O&G giant Shell has backed residential renewables platform GreenCom Network’s €12 million (£11 million) funding round through its investment arm, Shell Ventures.

​The Scottish National Investment Bank has been launched with net zero as a key area of investment.

​The Green Finance Institute has launched a Zero Carbon Heating Taskforce, to develop a portfolio of financial solutions to unlock investment in the sector.