Last week’s UK budget introduced significant debt changes which climate groups hope will be instrumental in jump-starting green investment. The changes give the government space to borrow significantly more to invest in big projects which will be ‘vital’ for unlocking more capital investment in the green energy transition. The Financial Times covers the story.
The ESG story couldn’t be more different in the US following the country’s election of Trump. Green stocks plummeted following the news, as the market sold off renewables in their droves. Some analysts, however, suggested that key assumptions behind the knee-jerk negative reaction may be unfounded. Bloomberg covers the story.
