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Two environmentally themed asset managers expect reductions in the cost of renewables and a "dramatic" uptake of energy efficiency technologies following a robust agreement in the UN Climate Change Summit (COP 21) later this month.

With only a few weeks to go until the start of the UN climate change conference in Paris, Charlie Thomas explains why he is optimistic about the talks.

Schneider Electric has issued its inaugural €200 million ($215 million) green bond.

The value of forest-based carbon credits traded last year soared 17% to a record $257 million from $219 million in 2013, according to Ecosystem Marketplace.

BlackRock has warned that companies with high-cost fossil fuel reserves are at risk of being devalued, adding that "climate change has arrived as an investment issue".

A coalition representing some of the biggest companies in the world has cranked up the pressure on finance ministers to deliver a "robust and meaningful agreement" at the Paris climate summit in a month.

The Inter-American Investment Corporation (IIC) has agreed to invest $3.5 million in two hydro plants in Peru.

Environmental NGOs have urged the UN's Green Climate Fund not to work with HSBC and Credit Agricole in order to "maintain its integrity".

Investors have welcomed research suggesting that the national pledges made ahead of the Paris climate summit have the potential to limit global warming to 2.7°C.

If climate change raises average global temperatures to 4°C above pre-industrial levels, most assets would be uninsurable, Henri de Castries, chairman and CEO of Axa Group told an insurance seminar in Paris.