More than half of companies that report on sustainability issues say it gives them a competitive advantage, a survey has revealed.

Electric car maker Tesla Motors has raised more than $1 billion, of which $600 million came from convertible bonds.

Goldman Sachs plans to inject ¥300 billion ($2.9 billion) into renewable energy projects in Japan in the next five years.

Asset manager Alliance Trust has, for the first time, disclosed the entire holdings of its sustainable and responsible investment (SRI) equity funds as part of a transparency drive.

China has called for the Green Climate Fund to be up and running by the end of 2014.

The International Finance Corporation (IFC) has signed an agreement which could see it invest $1.5 billion in clean energy projects developed by Abu Dhabi’s Masdar.

Buoyant equity markets and a growing awareness of environmental themes among institutional investors drove a 22% rise in assets under management (AUM) at Impax.

Carbon capture and storage (CCS) has the potential to be cost-competitive with renewables in the UK, a report has claimed, but the government needs to continue to improve its subsidies regime to help bring down the cost of finance.

Project developer EcoSecurities has reduced its headcount again, Environmental Finance has learned.

The failure of EU politicians to fix Europe’s emissions market has forced the Australian government to more than halve its carbon price forecast for 2015.

The EU and China are likely to reach a compromise rather than declare a full-blown solar trade war because of the damage it would do to demand in Europe, investors believe.

New York governor Andrew Cuomo has begun the search for a president of the state’s recently announced $1 billion green investment bank.

Carbon trading exchange Climex has started selling energy generated from turbines produced by Tocardo Tidal Turbines in a move hailed as a “a major step in the development of the tidal energy market”.

Financial institutions that have signed up to the Equator Principles (EP) have backed a new, more robust, version of the voluntary rules for banks’ project finance activities.

MBB Clean Energy has raised €72 million ($93.4 million) on the bond market and plans to invest the proceeds in ready-to-operate wind and solar farms.

The EU must resolve “conflicting and contradictory” signals on climate policy to avoid a “lost decade” of investment in its power sector, European electricity association Eurelectric warned in a new report.

The South African government’s renewable energy programme has seen projects worth a total of $3.1 billion reach financial close, in the initiative’s second financing round.

The UN’s climate chief has called for an increase in climate finance as the concentration of carbon dioxide (CO2) in the world’s atmosphere passes a key threshold.

The UK’s Green Investment Bank (GIB) has appointed Euan McVicar, currently a partner at law firm Pinsent Masons, as its general counsel.

Biochemicals company BioAmber sold eight million shares to the public today in a listing described by one analyst as ‘a huge victory’ for the industry.