The UK chancellor, Rishi Sunak, has said he hopes to ‘rewire the entire financial system’ to put it to use to protect the climate
Outlining Britain's strategy over the next five years to the Cop26 climate summit, he said the UK would become the world’s first ever net-zero-aligned financial centre. This means companies will have a mandatory duty to set out their pathway to net zero, he has said.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UK 'has responsibility to lead the way' on climate, Sunak tells Cop26The Chancellor kicked off the financial day of Cop 26 by unveiling plans to force hundreds of Britain's biggest firms to tackle climate change.
Read more »
COP26: UK firms forced to plan for low-carbon futureCompanies will outline how they aim to meet the UK's 2050 net-zero target, under government rules.
Read more »
Sunak faces ‘wild ride’ to hit targets on reducing debt – OBRThe OBR told MPs high inflation is expected for the next six months to a year and warned over the jobs market.
Read more »
Newspaper headlines: Queen's 'emotive plea' and COP26 deal to save forestsThe front pages focus on the latest developments from the COP26 climate summit in Glasgow.
Read more »
COP26: Israeli minister excluded from Glasgow summit due to wheelchair inaccessibilityA top UK official has apologised after Israel's energy minister was unable to attend the COP26 climate conference on Monday as the transport offered to her was not wheelchair accessible
Read more »
Cop26: how three young activists are trying to change the world - podcastRidhima Pandey in India, Iris Duquesne in Canada and Raina Ivanova in Germany tell Michael Safi about their attempts to force their political leaders to change course on tackling the climate crisis
Read more »