Uniting the world to tackle climate change.
6 to 18 November 2022
Keep up to date with all of the latest developments, news and key announcements.
The UN’s annual climate change conference, known as COP27, is being hosted this year in Sharm el-Sheikh, Egypt, and runs 6 to 18 November.
COP27 will build on the outcomes of COP26 to deliver action on an array of issues critical to tackling the climate emergency – from urgently reducing greenhouse gas emissions, building resilience and adapting to the inevitable impacts of climate change, to delivering on the commitments to finance climate action in developing countries.
Faced with a growing energy crisis, record greenhouse gas concentrations, and increasing extreme weather events, COP27 seeks renewed solidarity between countries, to deliver on the landmark Paris Agreement, for people and the planet.
Taking our responsibility towards the environment seriously
As a Group, we are committed to meeting the goals of the Paris Agreement to achieve net zero by 2050. We are conscious that the emissions impact of the assets and sectors that we finance can contribute to climate change, and as a financial services provider we recognise the role we have to play in supporting the transition to a more sustainable future. This includes supporting our customers and partners with their own transition journeys. Our efforts to reduce the impact of our operations on the environment continue at pace, and we strive to take actions that make a positive contribution to the world around us.
Staveley Mill Yard, a unique and vibrant working community
Staveley Mill Yard is a four-acre “green” business park in the Lake District National Park comprising over 40 retail and industrial units.
With lots of roof space available, the decision was made to install a large, state-of-the-art photovoltaic system, funded by Close Brothers Asset Finance through a Coronavirus Business Interruption Loan Scheme loan agreement.
As a result, the 1,533 roof-mounted solar panels, and nine Tesla Powerwall Batteries supply around 593 MWh of power annually to the business park’s tenants, helping make it more sustainable while also saving significant cost.
Renewable energy finance
We are an active provider of finance for the green energy and renewables sector, having lent over £750 million to schemes such as wind, solar and hydro power developments since 2014.