• 24 Hours In Sustainability

  • Worldwide Highlights

  • UK Highlights

  • The Daily Climate Sceptic

• Long-Read of the Week

Worldwide Highlights

• [Major Study] PwC’s have released their global State of Climate Tech 2024 report

• Montana supreme court upholds right to ‘stable climate system’ for youngsters

• Delhi curbs industrial activities and limits offices to 50% capacity as air quality plummets

• Australian Coalition’s nuclear plan will hit Earth with 1.7bn extra tonnes of CO2 before 2050

• Global demand for coal is set to hit fresh records every year through at least 2027, International Energy Agency data show

• Consultancy giant Accenture acquires IQT Group to boost net-zero infrastructure expertise

• European Financial Reporting Advisory Group (EFRAG) announced the release of its voluntary sustainability reporting standard for non-listed SMEs (VSME)

UK Highlights

• Reporting on PWC State of Climate Tech Report (see above), ‘surge’ in climate tech investment as UK bucks global decline trend

• More than 6m homes at risk of flooding in England, says Environment Agency

• Lloyds Bank advert banned over ‘misleading’ low carbon claims

• UK Advisory Committee Calls for Adoption of IFRS Sustainability Reporting Standards
  

• Back in July, the Climate Change Committee released their Progress in Reducing Emissions 2024 Report to Parliament. In the report the CCC signalled that urgent action is required to get the UK back on track with its 2030 carbon emission reduction target; both solar and wind deployment are behind schedule.
  
  Yesterday the UK Government released their responses to that report, including:

  • Saying that that the action taken so far and the decisions the government is making mean it is acting or partially acting on all 35 of the CCC’s recommendations.

  • However, it will not accept the Climate Change Committee’s (CCC) recommendation that airport expansion projects should be halted.

  • The Government lists steps taken over last 5 months, including lifting the de facto onshore wind ban, launching Great British Energy and setting up the National Wealth Fund.

  • More reporting is likely to follow over the coming days as industry insiders analyse the full implications of the 100 page document.

The Daily Climate Sceptic

• Fury as Ed Miliband says it’s ‘completely logical’ to say energy bills will come down in dash to Net Zero

• Labour council to dim street lights in bid to cut costs - after splurging £25m on climate initiatives to meet Net Zero ambitions

• Trump’s rejection of Net Zero will leave the UK in the dust