The European bank which funds international development will cease paying for coal projects in a bid to reduce carbon emissions, it announced yesterday.
The European Bank for Reconstruction and Development (EBRD) further reported it would stop funding oil exploration projects, only paying for oil development in exceptional circumstances, in which investment would support the reduction of greenhouse gases.
The coal ban includes a cut in all financing for thermal coal mining and coal-fired electricity generation, the European bank said.
The EBRD, one of the world’s largest international development lenders, has put decarbonisation at the forefront of its energy sector strategy for the next five years.
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Chief executive officer at Mortgage Advice Bureau, Peter Brodnicki, and founder and managing director at Heron Financial, Matt Coulson, joined content editor Dan McGrath to discuss how Mortgage Advice Bureau is using artificial intelligence to make advancements in the mortgage industry, the limitations of this technology and what 2026 will hold for the market
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Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
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In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
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