Day: 12 August 2026

BloombergNEF’s Electric Vehicle Outlook 2026: Global EV Sales Set For Another Record-Breaking Year, But Growth in Some Major Markets Slows

Stuart Mitchell

BloombergNEF’s (BNEF) annual Electric Vehicle Outlook (EVO) expects over a quarter (27%) of cars sold globally in 2026 to be electric – up from 9% five years ago – and over half (52%) of all passenger vehicles to be electric by 2035. The continued rise in sales comes as lithium-ion battery prices fall, more affordable EV models are introduced and EV adoption in emerging markets surges. In addition, the Iran war and resulting increase in prices at the pump have boosted consumer interest in buying an EV, although it is…

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Animal Welfare ‘goliaths’ join forces – and the results could be ‘game changing’

Stuart Mitchell

A leading academic and self-proclaimed animal lover has been named as the head of a new Animal Welfare Evidence Centre – and making the economic case to governments for better animal welfare will be top of her in-tray. Dr Jennifer Maher has been named Chief of Research for the new body, which will be focused on researching the human behaviours and societal systems that currently drive harm to animals.  She has started in post on 6 July, and says the formation of the Evidence Centre has been a “long time…

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Closing the Data Centre Water Gap: UK Tech Startups Secure $362M to Cool AI Workloads

Stuart Mitchell

Tracxn, a global market intelligence platform for private company data, released The Race to Cool Britain’s AI Boom:How UK cooling and heat-reuse technology is answering AI’s water and energy demands, a new research on the United Kingdom’s cooling and heat-reuse technology sector for AI data centres, examining the companies that supply the equipment operators use to manage the heat these facilities generate.  The research finds a UK field of 12 companies has raised about $362 million in disclosed equity funding, placing the country second globally behind the United States and…

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UK Private Capital recognises leading firms for excellence in sustainability and impact

Stuart Mitchell

Outstanding contributions to sustainability and impact across private equity and venture capital were recognised at UK Private Capital’s ‘excellence in sustainability and impact’ awards. The awards celebrate the firms that are spearheading responsible investment and impact led initiatives across the private capital industry. Businesses were recognised across five categories: LP (all sizes), GP (above £1bn AUM), GP (below £1bn AUM), Venture Capital and Portfolio Company. Commenting, UK Private Capital Chief Executive Michael Moore said: “We are proud to recognise the companies setting exceptional standards in sustainability. This year’s winners demonstrate how…

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Sylvera Carbon Market Data Snapshot Q2 2026

Stuart Mitchell

Headline numbers Carbon credit retirements reached 38.55 million in Q2 2026, down 10% from 42.9 million in the same period last year. Across the first half of the year, retirements totalled 89.27 million, down 9% from 98.27 million in H1 2025. A meaningful share of that decline is due to Shell, historically the market’s largest retiree. In H1 2025 Shell had retired 6.7 million tonnes, dropping to just 494,100 tonnes in H1 2026. This gap accounts for around two-thirds of the entire market’s year-on-year retirement drop-off. Despite the volume decline,…

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