Tag Archives: review

Home lending industry in UK facing challenges from age and need for innovation

Home lenders in the UK face challenges from the country’s aging population with demand for mortgages past retirement age set to rise and needs to be ready to cope with innovation, the annual industry meeting was told. The Council of Mortgage Lenders’ annual conference in London heard that carrying debt into retirement is a relatively […] The post Home lending industry in UK facing challenges from age and need for innovation appeared first on PropertyWire . Continue reading

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Home lenders urged to take rental payments into account

Home lenders in the UK should recognise rental payments when making lending decisions, as new research unveils that rental rates are rising rapidly when typical monthly mortgage payments for first time buyers are falling. In the UK private tenants paid more for their accommodation in 57% of districts during the third quarter of this year, […] The post Home lenders urged to take rental payments into account appeared first on PropertyWire . Continue reading

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Countries Must ‘Review Biofuel Policies’, Says UN

By Sophie Yeo 21 October, 2013 RTCC The UN has encouraged countries to review their biofuel policies to ensure they do not conflict with food security issues. If biofuels, often seen as a sustainable alternative to fossil fuels, are to be used responsibly, then they must be developed in line with the “progressive realization of the right to adequate food for all”. These are the conclusions of the Committee on World Food Security, an intergovernmental and multi-stakeholder platform for food security and nutrition, following a week of intense discussions including over 130 government delegations, 100 civil society and 50 private sector organizations. “Governments and other appropriate stakeholders are encouraged to review biofuels policies – where applicable and if necessary – according to balanced science-based assessments of the opportunities and risks they may present for food security,” the Committee said. Green campaigners have focused on biofuels as a means of reducing the amount of CO2 released into the atmosphere by fossil fuels, as they mainly consist of crops such as wheat, rapeseed, corn and sugar. But, if they are not developed responsibly, biofuels can become a source of CO2 emissions themselves, as carbon sinks such as forest and peatland are converted into land for food and crops. In September, the EU capped the use of crop-based biofuels used in ground transport at 6%, hoping to ease the competition on land and encourage the development of clean fuels from non-food sources. This week’s meeting also highlighted that the importance of smallholder agriculture must be integrated into national policies, strategies and research. Biofuel development, said the Committee, “should not compromise food security, and should especially consider women and smallholders.” It noted that biofuels development encompassed “both opportunities and risks in economic, social and environmental aspects,” depending on the context and practices. It added: “In some cases, current biofuel production creates competition between biofuel crops and food crops.” © RTCC – Responding to Climate Change 2013. Continue reading

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