Europe

Europe’s net zero ambitions not backed up by actions

In both the UK and Europe the aspiration to meet net zero emissions by the middle of the century (in line with the Paris Agreement on climate change) is not yet backed up by measures to achieve that goal.

Eiffel Tower greenery

French REIT’s loan terms linked to sustainability performance

French real estate investment trust Gecina has inked a “sustainability performance-linked loan” with ING France for €150 million, with pricing dependant on how it performs on the Global Real Estate Sustainability Benchmark.

MacBank’s purchase of British Green Investment Bank is still controversial

When Macquarie Bank bought the UK’s Green Investment Bank it ignited a storm of opposition. There was doubt the Aussie bankers would uphold the original ambitions of the GIB, because these ambitions are not sufficiently protected. That’s certainly the conclusion of an investigation by British MPs on the UK House of Commons Public Accounts Committee.

London city crowd shopping

Top retailers demand zero carbon building standard

A group of retailers – whose members include Aviva, BT, Cemex, Ikea, Kingfisher, M&S, Nestle, Sky and Tesco – have criticised the UK government for not doing enough to improve energy efficiency in non-domestic buildings.

Oslo shows Sydney how an airport city is done

Sydney has announced plans for a “world class” aerotropolis, but Oslo, Norway has now revealed its own airport city, which will be powered entirely by renewables and smart-enabled, setting the bar for what world class actually means.

Barcelona: The world’s most radical city?

Spain’s Barcelona is spawning a new era of citizen-led activities that rely on co-operatives organising a range of activities – all while heading down the smart city/low energy route.