May 25 2010
In the Queen’s speech later today it is expected that an Energy Security and Green Economy Bill will be introduced which will include provisions to set up a Green Investment Bank.
The decision of the coalition Government to press ahead with the creation of this landmark investment institution has received strong support from a broad range of business, finance and charity stakeholders. It has
Mar 24 2010
The Government has announced in the Budget today a Green Investment Bank as a central part of its strategy to promote green growth and jobs.
Nick Mabey, Chief Executive of E3G, strongly welcomed the proposal and said:
With the creation of the world’s first dedicated Green Investment Bank, the UK is now firmly at the forefront of the global race to decarbonisation.”
The Green Investment
Dec 18 2009
A leaked internal UN assessment of pledges and voluntary commitments made so far by developed and developing countries is distracting from the critical issues being debated in Copenhagen, said Nick Mabey, Chief Executive of E3G.
The report claims that countries must close a gap of between 1.9 Gt and 4.2 Gt in their 2020 emissions in order to achieve a CO2 concentration level consistent with
Dec 18 2009
On the penultimate day of climate negotiations, security experts from around the world gathered in Copenhagen to make the security case for action on climate change. The participants from Bangladesh, UK, Brussels, Canada and the U.S. explained that failure to change global emissions trajectories would lead to increased strain on natural
Dec 14 2009
Ten key questions determining the future of everyone on the planet will be answered by the end of next week.
1. Will we stay below two degrees or are we headed for a four degree world?
2. Will the US re-enter or wreck the global climate regime?
3. Are we headed for a legally binding treaty or more talks about talks?
4. Is there enough real money on the table?
5. Are we working on one or two
Dec 14 2009
Electricity industry claims that emissions cuts can wait until 2025 are not in line with climate science, according to Nick Mabey, Chief Executive of E3G.
A report released today by a coalition of power sector industry bodies criticises the 2020 targets under negotiation at Copenhagen and argues that “there will be limited emissions reductions before 2020, with the major reductions occurring
Dec 09 2009
The Government seems to have learnt from the experience of the last few years that it will need more than pledges and targets to drive the £700 billion of low carbon investment required to meet our carbon targets over the next two decades”
commented Nick Mabey, Chief Executive of E3G, on the signalling of government interest in establishing a UK Green Investment bank in today’s pre-budget
Oct 28 2009
On Tuesday 3 November, Swedish Prime Minister Fredrik Reinfeldt, representing the EU Presidency, will visit Washington to chair the EU-US Summit together with US President Barack Obama. The President of the European Commission José Manuel Barroso and the EU High Representative for the Common Foreign and Security Policy Javier Solana will also be part of the EU delegation.
Aug 03 2009
E3G’s Director for Global Climate Change – Jennifer Morgan – has been appointed as the World Resources Institute’s next Director of its Climate and Energy Programme; succeeding Jonathan Pershing who joined the Obama Administration as Deputy Special Envoy for Climate Change earlier this year.
E3G’s CEO, Nick Mabey, said,
Although we are sorry to lose someone with Jennifer’s unique
Apr 23 2009
Ed Miliband, UK Secretary of State for Energy and Climate Change, announced today that the UK intends to require any new coal power stations to be fitted with carbon capture and storage (CCS) equipment to reduce the CO2 pollution which is the primary cause of climate change.
The announcement was made in response to recommendations from the independent UK Committee on Climate Change which argued
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