Virgin Money has launched the first dedicated fund to support farmers in their transition to net-zero offering lower cost loans that can be used to invest in changes which reduce on-farm emissions. The £200m Agri E Fund is the first fund offered in the UK dedicated to supporting farmers with the investment and carbon audits required to help them achieve their net-zero target.
There were cheers across the tables as Barclays and Refuge were awarded the Partnership with a National Charity Award, while Greene King and Macmillan Cancer Support took home the Best Scheme to Encourage Staff Fundraising – long-term partners award.
Congratulations to all the shortlisted companies and the winners at the 2021 Awards. In a year where the efforts of organisations have been needed by so many, it was wonderful to see so many great schemes to help support innovation, communities and charities.
So, finally a deal was done. Not quite the one hoped for, but better than the worst fears. Something of a holding pattern perhaps, as even the effervescent Boris Johnson admitted as he said it had scored six out of ten.
Major demand pushed the Government’s green gilts sale to raise £10bn, the largest inaugural green issuance by any sovereign, with the largest ever order book for a sovereign green transaction. A second issuance will take place later in the year.
Make My Money Matter (MMMM) has called on the UK’s largest defined benefit (DB) schemes to commit to “robust net zero targets” in a letter that is the latest step in its industry-wide push for climate action.
Triodos Bank UK is partnering with Paces Sheffield, a charity for children and adults with Cerebral Palsy and other neurological motor disorders, to raise £1.5m through a new bond offer on the Triodos Crowdfunding platform.
According to Bank.Green’s Money Movement campaign, the world’s 60 largest private-sector banks have poured $3.8tr into fossil fuel projects since the Paris Agreement. The campaign, in partnership with a coalition of movements and organisations including BankTrack and Reclaim Finance, encourages bank customers to take action against their banks.