£400bn additional infrastructure spend needed to meet Net Zero target

Up to £400bn of investment is required in green infrastructure over the next decade if the UK is to meet its ambitious Net Zero target, according to a new report by PwC commissioned by the Global Infrastructure Investment Association (GIIA). The Unlocking Capital for Net Zero Infrastructure report outlines how existing UK infrastructure requires significant investment to deliver Net Zero. The report estimates that £40bn investment per year is required in new low carbon and digital infrastructure, if the Government’s 2050 target is to be met. This represents nearly a…

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PwC commits to net zero by 2030, globally

PwC is making a worldwide science-based commitment to achieve net zero greenhouse gas (GHG) emissions by 2030. The commitment includes supporting our clients to reduce their emissions as well as reducing those from the PwC network’s operations and suppliers. PwC commits to decarbonise its operations, including its travel footprint, and neutralise its remaining climate impact by investing in carbon removal projects. It will also engage its suppliers to tackle their climate impact. The PwC network (“the network”) will work with its clients to support their efforts to make a net…

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New global environmental commitment from PwC backed by joining RE100 initiative for renewable electricity

PwC’s new global environmental commitment to reduce carbon emissions, source 100% renewables for its electricity consumption, and offset all business air travel has been reinforced with membership in the RE100 initiative of global businesses growing the global demand for renewable energy, led by The Climate Group in partnership with CDP. While driving efficiency to reduce the absolute carbon impact across the network’s business linked to energy use in offices and travel, PwC will offset all air travel emissions from July 2018 and source 100% renewables for electricity consumption and offset…

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