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
28 Sep, 2026
Lightsource bp’s General Counsel for EMEA, Alex Desouza, wins Women in Energy Award
Alex Desouza has won the Lucy Aitchison Women in Energy Award, recognising her outstanding contribution to the solar and renewable energy industry.
23 Jul, 2026
USA: Lightsource bp and Meta expand partnership with new power purchase agreement for Mowata Solar in Louisiana
Lightsource bp and Meta have finalised a long-term power purchase agreement (PPA) to support Mowata Solar, a 172MWdc (150MWac) solar project in development in Acadia Parish.
03 Jul, 2026
15 years of solar – from first-of-a kind to critical infrastructure
Last week marked 15 years since the UK’s first utility-scale solar farm began generating electricity.