COP27: The essential role for supersized finance in tackling climate change
Wednesday 9th of November 2022 is finance day at COP27. Upscaling current efforts to reduce emissions will require huge investment across a number of sectors.
If we’re going to limit average global temperature from rising to 1.5 degrees Celsius, the pace of change needs to shift. At Lightsource bp we understand that we need to go beyond business as usual to achieve our 25GW by 2025 target. We need to shift from the concept of gigawatts to terawatts, which means finance on a huge scale, from talking in terms of millions of investment to billions — getting finance right to help us grow from strength to strength.
Our Group CEO, Nick Boyle explains more in this video…
Related news & insights
14 Jul, 2025
Lightsource bp supports UK Government’s decision to retain national pricing in electricity market reform
Lightsource bp congratulates the UK Government’s decision to retain a national wholesale electricity pricing model.
30 Jun, 2025
A solar-powered UK: Roadmap outlines path to 2030 objective
In excellent news for the UK solar industry, the Government has published the Solar RoadMap for a 'United Kingdom powered by Solar'.
26 Jun, 2025
SolarPower Europe launches Global Market Outlook for Solar Power 2025-2029
Read our summary of SolarPower Europe’s Global Market Outlook for Solar Power 2025-2029.