Governments mixed messages risk stalling financial sector on net zero MPs
The Government’s mixed messages on climate action risks stalling the financial sector’s net zero progress, MPs warned. In a 70-page report released on Wednesday, the Environmental Audit Committee (EAC) outlined findings and recommendations after holding an inquiry into the UK’s net zero transition and financial sector. The committee warned that progress made at Cop26 in Glasgow in 2021, including commitments to prioritise investment in low carbon industries and into protecting nature, could be undone. Global banks provided financing for approximatelyRead More