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Bank of England told to stop buying 'high carbon' bonds

A group of British members of parliament say that the Bank of England should stop buying bonds from businesses whose activities accelerate global warming.

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Photo by veeterzy on Unsplash

Britain hopes Biden will commit to net-zero target by 2050

British Prime Minister Boris Johnson said he hoped Joe Biden, who will be inaugurated as U.S. President on Wednesday, would join Britain in its commitment to cut greenhouse gas emissions to net zero by 2050.
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www.reuters.com

Pandemic nudging firms to address climate change, Norway wealth fund says

The coronavirus pandemic may be accelerating a shift among companies worldwide to make their operations more environmentally sustainable, a high-ranking official at Norway's $1.25 trillion sovereign wealth fund says.

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Scientists warn of 'critical oversight' in EU green finance rules

More than 100 scientists have urged the European Commission to address urgently a "critical oversight" in its planned rules on sustainable finance that they say could undermine the bloc's climate change goals.
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Prince Charles says firms must prioritise climate change fight

Britain's heir-to-the-throne Prince Charles said companies must put nature and sustainability at the heart of their business models because the world is "literally at the last hour" in the fight against climate change.
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www.reuters.com

Climate activists stage protest at oilfield in southern England

Extinction Rebellion activists staged a protest on Monday at an oilfield in southern England part owned by British energy company UK Oil & Gas Plc, according to a spokeswoman for the group and photos on social media.
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