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The ONS values the economic contribution of the UK seabed and associated ecosystems at £211Bn based on its capacity to sequester so-called 'blue-carbon'.

UNITED KINGDOM

Invesco outlines commitments to integrate ESG factors across 100% of AUM by 2023 in its latest Stewardship Report.

GLOBAL

France lawmakers move to approve a ban domestic flights on routes that could be covered by train in under 2.5hrs. This will constitute material progress in #transport #emissions reduction, as plane trips typically emit 77x more CO₂ per passenger than the equivalent train journey.

FRANCE

The SEC warns of "potentially misleading" statements being made by investment advisers in relation to ESG labelled products and services, noting a lack of standardisation around crucial ESG definitions.

Scotland is now meeting almost 100% of electricity demand through Renewables, while created almost 20,000 related jobs in the renewables sector.

UNITED KINGDOM

Mainspring Energy enters $150M project finance agreement with NextEra to deploy new linear generator providing flexible & responsive 'load-following' generation with virtually zero NOx emissions.

AXA S.A. sets an important precedent for the insurance market by turning away from one of Europe's largest utilities and coal mine operators.

GERMANY

Ultra-efficient low carbon homes offer homeowners attractive cost savings, while consuming up to 10x less energy than conventional alternatives. Leeds developer, Citu, now plans to build 500 per year as demand increases.

UNITED KINGDOM

Davy Group fails to contain governance scandal, attracting €4.1M central bank fine, the largest ever levied on a brokerage in Ireland. Senior executives personally traded bonds without disclosing to clients that they (Davy) were the counterparty.

IRELAND

The EU's new Sustainable Finance Disclosure Regulation came into force on 10 March 2021. In conjunction with the EU Taxonomy Regulation, the SFDR strengthens protection for end investors by improving transparency at entity, service and product level.

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