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The UK Government should also adopt a SustainableInvestment Taxonomy or SustainableInvestment Hierarchy approach to inform and guide all public sector investment and procurement decisions. He joined Logan Energy Limited in 2008 as Director of Operations and became Managing Director and CEO in 2012.
Europe’s new code – As Ursula von der Leyen mulled over the composition of her top team for the next five years , the European Commission’s incoming finance chief was already getting advice on the future of sustainableinvestment. Three agencies are organising a series of six events – dubbed the NDCs 3.0
Unlike many other countries, the UK has targets that are legally binding under the Climate Change Act 2008 (2050 Target Amendment) Order 2019 – which Skidmore, in his former capacity of interim minister of state for energy and clean growth, signed into law in June 2019.
The new strategy introduces crucial new “indicative checkpoints”: a 20-30% reduction in emissions from international shipping by 2030, and a minimum 70% reduction in emissions by 2040, relative to 2008 levels. The 2040 target will require a 90-95% reduction in an average ship’s GHG intensity.
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