Shell makes major step toward tax transparency, combating oil sector secrecy says Oxfam

Oxfam welcomes new disclosures from Royal Dutch Shell Plc (“Shell”), the British-Dutch oil and gas company, that are part of a broader move toward corporate tax transparency. Global tax dodging by multinational corporations fuels economic inequality and undermines investments in poverty-reducing social services. Tax transparency can help shine a light on whether companies are paying what they should. Oxfam encourages governments to require publication of companies’ country-by-country tax reports and for companies to disclose their profit and tax payments. In a new report recently released, Shell went beyond its legal…

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Lloyds Bank Foundation relaunches grants programme with a simpler, more flexible and transparent approach

Lloyds Bank Foundation relaunches grants programme with a simpler, more flexible and transparent approach Core funding grants worth up to £100,000 are now available for small and local charities through a new simplified, more flexible and transparent approach, Lloyds Bank Foundation for England and Wales has announced. The Foundation – an independent charitable trust funded by Lloyds Banking Group – partners with small and local charities who help people overcome complex social issues. Through long-term funding, developmental support and influencing policy and practice, the Foundation helps small charities make life-changing…

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Climate change ranks highest as most important issue facing world amongst 18-25 year olds

Climate change leads as one of the most important issues of facing the world, according to a major new survey of young people around the world, published by Amnesty International to mark Human Rights Day (10 December). With the findings published as governments meet in Spain for the UN Climate Change Conference, the organisation warns that world leaders’ failure to address the climate change crisis has left them out of step with young people. Amnesty International’s online poll – conducted by Ipsos MORI – questioned more than 10,000 people aged…

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Vessel emissions reduction competition announces winning technologies

The Carbon Trust’s Offshore Wind Accelerator (OWA) has announced four winners of a competition designed to accelerate the development of technologies that will enable a reduction in emissions and fuel consumption for Crew Transfer Vessels (CTVs) used to operate and maintain offshore wind farms. Submissions were received from a range of single applicants and partnerships, representing a wide range of technologies and alternative fuel sources. The winners are: Chartwell Marine and Seaspeed Marine Consulting, CWind, Robert Allan Limited, and Windcat Workboats and CMB Technologies. Each of them will receive advice…

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Clean Energy Investment In Developing Nations Slumps As Financing In China Slows

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope, an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO2 emissions or the consequences of climate…

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