Day: 6 April 2023

Food Waste Reduction Roadmap steps up a gear to 2030 target

Stuart Mitchell

What is the Food Waste Reduction Roadmap? The Food Waste Reduction Roadmap is the key delivery mechanism for the food waste target for the Courtauld Commitment 2030. In 2018, leading climate action NGO, WRAP, and IGD developed a roadmap for how the UK food industry will help to deliver the UK’s part in the Sustainable Development Goal (SDG) 12.3  to halve food waste per capita by 2030. The development of the Roadmap consulted with businesses, trade bodies, agriculture, production, manufacturing, retail and hospitality and food service. As of December 2022,…

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New Roadmap from IFC and Partners Outlines Net-Zero Pathways for Mining Green Tech Metals

Stuart Mitchell

The International Finance Corporation (IFC) launched the Net-Zero Roadmap for Copper and Nickel Mining Value Chains, a new solutions guide aimed at decarbonizing the mining of critical minerals. Copper and nickel are key components of green energy technologies needed to combat climate change, including solar panels, batteries, and wind turbines. According to the roadmap, the world will need to increase copper and nickel production by 200–300 percent to reach global climate targets by 2050. But emissions from copper and mineral production processes are expected to double by 2050 unless a…

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Green and other Labelled Bonds Held Market Share in 2022 Amidst Fall of Global Fixed-Income

Stuart Mitchell

Climate Bonds’ Market Intelligence has revealed Green, Social, Sustainability, Sustainability-linked and transition bond (GSS+) reached collective volumes of USD863.4bn in 2022. Volumes fell year-on-year for the first time in a decade as a tough macroeconomic terrain scuppered global bond issuance across the board. Despite this, GSS+ volumes held their 5% share of the global bond market. Green bond issuance made up just over half of labelled volumes in 2022, with a USD487.1bn total. Sustainability bonds contributed USD166.4bn, social bonds totaled USD130.2bn, SLBs saw USD76.3bn volumes, whilst transition bonds saw just…

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Number of children without critical social protection increasing globally – ILO and UNICEF

Stuart Mitchell

The number of children without access to social protection is increasing year-on-year, leaving them at risk of poverty, hunger and discrimination, according to a new report released by the International Labour Organization (ILO) and UNICEF. More than a billion reasons: The urgent need to build universal social protection for children warns that an additional 50 million children aged 0-15 missed out on a critical social protection provision – specifically, child benefits (paid in cash or tax credits) – between 2016 and 2020, driving up the total to 1.46 billion children…

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Octopus Energy strikes solar supply deal with Iceland Foods

Stuart Mitchell

Octopus Energy’s generation arm has inked a new partnership with Iceland Foods, the UK’s leading frozen food retailer. The 10-year deal will see green power supplied to Iceland from the Breach solar farm in Cambridgeshire, which Octopus manages on behalf of Octopus Renewables Infrastructure Trust (ORIT). The solar farm will provide c.64 Gigawatt hours (GWh) of renewable energy every year to power 150 sites, which will cover 14% of Iceland Foods’ electricity needs for its UK stores. Iceland has nearly 1,000 stores in the UK. This deal with Octopus will…

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