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UK universities get £10m for green finance research centre

R&D centre to help financial institutions shift money away from activities that harm the environment

UK Research and Innovation has announced a £10 million investment in a new national green finance research centre that will advise lenders, investors and insurers on how to make environmentally sustainable decisions.

Led by the University of Oxford, the UK Centre for Greening Finance and Investment aims to help financial institutions shift money away from risky activities that harm the environment, such as coal-fired power and deforestation, towards activities that are less harmful, including renewable power and sustainable agriculture.

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