New fund could mobilise up to $100m for clean energy in developing countries
The Global Environment Facility (GEF) has kick-started a fund to finance low-carbon energy assets in developing countries, which it says could leverage more than $100 million.
EU carbon market weekly update - 07 December 2015
EUA prices are likely to drift sideways this week, although the expiry of options on Wednesday and the imminent end of auctions may cause some volatility, says Louis Redshaw
COP Blog: How unlocking public finance can protect forests
The debt markets and public finance can be combined to help farmers embrace more sustainable practices, argues Rachel Mountain and Josh Gregory
PDC hits $600bn, eyes a trillion
The Portfolio Decarbonisation Coalition is set to have attracted more than $600 billion of assets by the end of the Paris climate summit, and is now eyeing a new target of a trillion.
ABP introduces internal emissions cap
Dutch public sector pension fund ABP has stepped up its sustainability drive by announcing a series of 2020 commitments including what is believed to be the first carbon budget for an asset owner.
Enhancing mitigation and climate finance with project-based mechanisms
Daniel Rossetto of Climate Mundial says the Clean Development Mechanism and Joint Implementation could play a valuable role in accelerating global emission reductions
Banking climate principles to be launched next week
A new set of climate changes principles for the banking industry are set to be launched on Monday, Environmental Finance has learned.
Over 500 organisations commit to divest ahead of COP21
More than 500 institutions, with $3.4 trillion of assets under management, have committed to some sort of divestment, according to figures compiled by 350.org and Divest Invest.
COP Blog: Paris's $100bn question
Much more needs to be done if promises to channel $100 billion a year of climate finance to developing nations are to be kept, says Karen Orenstein
Environmental pioneer Maurice Strong dies
Maurice Strong, whose pioneering work at the UN in the 1970s paved the way for this week's landmark climate change summit in Paris, has died at the age of 86.