In the UK’s first Green Gilt, £10 billion has been raised for projects like zero-emissions buses, offshore wind and schemes to decarbonise homes and buildings in this financial year.
The fourth auction round of the Contracts for Difference (CfD) scheme is to have a £265 million budget, the Department for Business, Energy and Industrial Strategy (BEIS) has said.
Scotland’s green energy sector currently supports 22,660 jobs, according to new research that also found that renewables provide 97% of its electricity consumption.
Unleashing 400 milestones for reaching net zero by 2050, the International Energy Agency (IEA) has warned that "the world has a huge challenge ahead of it".
