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11 UK peatlands to become New National Nature Reserve

A network of 11 nature-abundant lowland peat sites, between Liverpool and Manchester, are to become a King’s Series National Nature Reserve. These sites, from lowland raised bogs and fen, through to lowland heath, wet woodland and drier woodland habitats, will be restored to provide homes for rare species, such as lapwings, curlew, sundew and adders.

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ISEP surveys the state of the sustainability profession for 2025

More than 40% of respondents to the Institute of Sustainability and Environmental Professionals’ (ISEP) 'State of the Sustainability Profession 2025 Report' have experienced a change in responsibilities in the past year, reflecting the rapidly evolving nature of the sustainability profession. There is now a wide and varied spread of topics within the remits of sustainability professionals, yet more than 70% of all respondents have a focus on waste management, climate change mitigation and energy efficiency.

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India says it’s leading – not following – the energy transition

Shri Pralhad Joshi, Union Minister, New and Renewable Energy, said that this is not just an energy transition for India; it’s a global reset. Speaking at the inaugural Indian Venture and Alternate Capital Association’s Renewable Energy Summit, he said that India is leading the way and has already surpassed 44% non-fossil fuel capacity, achieving its 2030 target five years ahead of schedule.

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UK air quality: better but not good enough

UK air pollution improved between 2015 and 2024, but is still dangerous too often, research from the University of Reading says in ‘Environmental Science: Atmospheres’. Scientists from the University studied pollution at more than 500 monitoring sites around the UK. They found that two types of pollution got better over the decade: nitrogen dioxide (NO2), which is mainly produced by traffic, fell by 35% on average at monitoring sites; and fine particles called PM2.5, which are small enough to get deep into lungs, dropped by 30%.

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Climate-related financial risks: data is key says FSB

The Financial Stability Board (FSB) has delivered a report to the July 2025 meeting of G20 Finance Ministers and Central Bank Governors. It provides a factual update on the work undertaken by the FSB, standard-setting bodies and other international organisations in the four areas identified by the 2021 ‘Roadmap for Addressing Climate-related Financial Risks’. The Roadmap had been welcomed by the G20 in 2021. 

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Weather records and extremes now the norm in UK climate

Record-breaking and extreme weather has become increasingly commonplace in the UK, says the Met Office. Baselines are shifting, records are becoming more frequent and temperature and rainfall extremes are becoming the norm. The latest 'State of the UK Climate report', published by Wiley in the Royal Meteorological Society’s ‘International Journal of Climatology’, provides insight into the UK’s changing climate.

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Ørsted secures project financing for Taiwan wind farm

Ørsted has reached financial close on a project finance package with 25 banks and five Export Credit Agencies (ECAs) to raise approximately TWD90bn (about DKK20bn) for the 632MW offshore wind farm Greater Changhua 2. This is part of the financing structure for the project, on which Ørsted simultaneously is progressing as planned with an equity divestment expected to be completed once the project is operational. The transaction ensures further progress on both Ørsted’s partnership and divestment programme and its strategic priorities.

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CPI: moving public climate finance along the transformation curve

The Climate Policy Initiative (CPI) has identified 10 key elements for public climate finance to deliver transformational change. It says that this means moving beyond the project level toward transformational change at the market and system levels, which is both an imperative and an opportunity for public climate finance providers.

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UK’s OBR: cost of climate uncertain but cost of inaction higher

The costs of climate change are highly uncertain, but represent a significant risk to the public finances in all the scenarios explored by the UK’s Office for Budgetary Responsibility (OBR). These costs come from both transitioning the economy to net zero emissions, and from damage to the economy caused by climate change. However, the latter is the more significant fiscal cost in the scenarios the OBR presents.

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China’s solar and wind projects reach new heights

China is adding solar and wind power at record rates, and the emergence of offshore wind is causing it to cut fossil fuel emissions along its industrial coastline. This is according to a report from ‘Global Energy Monitor’ (GEM). China is building 510 gigawatts (GW) of utility-scale solar and wind capacity, an increase of 57% over the previous year, and three-quarters of all such capacity under construction globally.

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Record volume of climate finance for developing countries

The Green Climate Fund (GCF) board has approved a record volume of climate finance for developing countries, green-lighting 17 new projects for climate action around the world. The $1.225bn fund is the largest amount approved at a single board meeting. GCF now has a portfolio of 314 projects amounting to $18bn in GCF resources, $67bn including co-financing.

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Green light for UK wind after nine-year lull

The UK Government has published its onshore wind strategy as part of mission to become a clean energy superpower. This comes after a nine-year de facto ban. The new strategy sets out over 40 actions to get onshore wind building again across the UK.

Communications are central to climate action
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Communications are central to climate action

Even the accountancy profession is talking about communications. Time and again it proclaims that financial and non-financial reporting (especially in relation to climate and nature impacts) should be integrated; but increasingly it says that this integration – and the outcomes of business strategy underpinned by green credentials – should be communicated. But it rarely is.

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Report maps biodiversity risk management by insurers

A report from the European Insurance and Occupational Pensions Authority (EIOPA) maps current practices and challenges in the identification, measurement and management of biodiversity risks by insurers and reinsurers as part of the existing Solvency II risk management framework.