Research shows exercising more was the UK’s most common New Year’s resolution for 2024, and the Government is helping hundreds of thousands more people across the UK keep their resolution and get active by delivering high-quality grassroots sport facilities. From Belfast to Bracknell, over 1,100 projects are receiving funding that will go towards facilities such as changing rooms, pavilions, state of the art 3G artificial grass pitches, goalposts and floodlights, improving access to sport and physical activity for local communities. Sports Minister Stuart Andrew announced the funding during a visit…
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New UK levy to level carbon pricing
The UK is to implement a new import carbon pricing mechanism by 2027 to support the decarbonisation drive. imports of iron, steel, aluminium, ceramics and cement from overseas will face a comparable carbon price to those goods produced in the UK reduces the risk of ‘carbon leakage’, avoiding emissions being displaced to other countries because they have a lower or no carbon price Goods imported into the UK from countries with a lower or no carbon price will have to pay a levy by 2027, ensuring products from overseas face…
Read MoreUK Government publishes guidance on its framework to create UK Sustainability Disclosure Standards
The UK Government has published guidance on its framework to create UK Sustainability Disclosure Standards (UK SDS) confirming that the Secretary of State for Business and Trade will consider the endorsement of the IFRS Sustainability Disclosure Standards to create UK SDS by July 2024. Recognising the importance of disclosures that are globally comparable and useful for investor decision-making purposes, the guidance states that the UK SDS will only divert from the global baseline if ‘absolutely necessary for UK specific matters.’ The guidance also confirms that the UK Government will have…
Read MoreUK government announces £4m AI funding to cut carbon emissions
The UK government has announced a new multimillion pound investment in Artificial intelligence (AI) to transform the way industries cut their carbon emissions. Twelve green AI initiatives will receive a share of £1 million to decarbonise and boost generation of renewable energy, contributing to reaching the country’s ambitious net zero goal by 2050. The initiatives range from solar energy improvements, that use AI to improve the forecasting of when it will best produce energy for the grid, to the decarbonisation of dairy farming through the use of AI robots monitoring…
Read More£29 million for UK Know Your Neighbourhood Fund confirmed
The UK government has confirmed the launch of the Know Your Neighbourhood (KYN) Fund, a £29 million package of funding designed to widen participation in volunteering and tackle loneliness in 27 disadvantaged areas across England. Of this £29 million, £19 million of government investment will support people living in disadvantaged areas to connect with others in their community and engage in volunteering, with the aim of improving wellbeing and pride in place. The National Lottery Community Fund is also investing up to £10 million to support their existing projects working…
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