UK Plans to Label Gas as a Green Investment to Replace Coal

The UK plans to allow some natural gas projects to be labeled as sustainable in its green investment rulebook due to be published later this year.

“Natural gas is not ‘green’ and its inclusion in the EU green taxonomy has completely discredited it,” said Dr Ben Caldecott. “We can have a robust, science-based green taxonomy that is adopted worldwide because it is trusted by the market, thereby supporting UK leadership in green finance, or we can end up with something that is irrelevant..."


Oxford group launches sectoral ESG data quality initiative


The Oxford Sustainable Finance Group (OxSFG) recently launched an independent assessment of data quality within sustainable finance, dubbed the Sectoral Data Quality and Integrity Project. OxSFG believe that providing clear sector-specific guidance on data quality and characteristics will help improve and align the datasets that underpin different reporting and analytical frameworks.

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