The government has said it will set up a new ‘local net zero forum’ to support councils in contributing to the national ambition of reaching net zero emissions.
The Treasury’s inaugural £10bn bond targeting investments in net zero projects, received more than £100bn of bids from the market, according to reports.
Local authorities will require a centralised strategy to ensure that net zero commitments are met, and councils are not forced to “go it alone”, according to a senior peer.
Central government has no understanding of the scale and funding challenges facing local authorities in implementing net zero objectives, senior councillors have told MPs.
Councils’ ability to contribute to the government’s climate ambitions is being hampered by “piecemeal” funding and a lack of clarity around their role, according to the National Audit Office.
Local authority net zero objectives are being hampered by a lack of funding, relevant skills and supportive government framework, delegates to the opening session of Public Finance Live 2021 heard...
The government has committed to publishing its Green Financing Framework, which will set out new criteria for funding of its forthcoming green bonds, by the end of this month.
Tackling climate change and achieving our ambitious target of net-zero emissions requires a step change across our society and economy, says Lord Agnew, government minister for efficiency and...
Some funding streams available to help local authorities in England fund energy-efficient initiatives are actively working against reducing emissions, a local government network organisation said.
The government does not know enough about the overall impact of environmental taxes on its carbon neutrality goals, according to the National Audit Office.
A mechanism to give private investors control of public nuclear projects is still considered a “credible basis” for funding the sector, the government said today as it launched its energy white paper.
Local authorities have an important role to play in the UK’s goal to hit net-zero carbon emissions. But amid a flurry of ambitious pledges, Rachel Willcox asks whether they have bitten...
