Scottish social enterprises can get their hands on loans of up to £1.5m to help them transition to carbon neutrality, thanks to a new government-funded initiative.
UK’s development finance institution announces broader remit, big jump in climate investing, and commitment to gender finance. Plus, Google’s Diana Layfield to become first-ever female chair.
The Glasgow talks – and hundreds of fringe events – are wrapping up today, but what next for business and finance? Hear what some ministers, CEOs and impact investing leaders have to say, in our pick of the fortnight's quotes.
PLUS: More COP26 headlines you may have missed; Esmee Fairbairn’s £10m impact investing pot; impact unicorns; blended finance rebound, Marshall Institute's £50m accelerator, a skills impact bond for India, Ecosia's new VC fund, and more.
Impact investing and COP26: GSG’s Cliff Prior warns of “substantial disruption”, while Impact Investing Institute’s Sarah Gordon says “siloing” social and environmental is still a big issue. Plus, an update from the G7 Impact Taskforce.
Coutts, Triodos, Bridges Fund Management among those in new B Corp coalition calling on financial firms around the world to rewrite their constitutions to legally commit to a social and environmental purpose.
Larry Fink, CEO of world’s largest asset manager, says public and private sectors must join forces to ensure emerging economies aren’t left behind in shift to net zero – and suggests rushing decarbonisation would lead to dangerous polarisation.
Our financial accounting systems were designed by white men, for white men – with disastrous implications for people and planet. Could a gender lens help us reshape an accounting system built on empathy and that works for the majority?
UK’s development finance institution says it will become “global leader” in climate finance in Africa and south Asia with five-year commitment – following news that rich country pledges have not been met.
