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Beyond project finance?
11 June 2010The Equator Principles have helped embed environmental and social risk management in project finance around the world – but many are calling for their reach to be extended. Jess McCabe reports
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Resetting the standard
11 June 2010The IFC's Performance Standards not only guide the corporation's approach to its social and environmental impacts, but also form the basis of the Equator Principles – making their review of vital importance to project finance in developing countries. Greg Radford explains
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Co-op named sustainable bank of year
10 June 2010The UK's Co-operative Financial Services was named Sustainable Bank of the Year at last week's Financial Times' awards, the second year in a row the prize was scooped by an ethical rather than mainstream institution. HSBC took the runner up position.
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Bank financing of nuclear power exposed on NGO site
27 May 2010Banks are coming under pressure for financing the nuclear power sector, with a group of NGOs launching a website which names the top 10 "nuclear banks".
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JPMorgan Chase sets out mountaintop removal policy
20 May 2010JPMorgan Chase has joined the ranks of banks with policies on mountaintop removal (MTR), but not in time to avoid a failing grade on a 'rank 'em and spank 'em' scorecard by Rainforest Action Network (RAN).
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Leaked EC paper reveals €81bn cost of 30% target
06 May 2010Increasing the EU's 2020 emissions reduction target to 30% below 1990 levels would add an extra €33 billion ($42.5 billion), or 0.2% of GDP, to the final bill, according to draft European Commission proposals.
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Bank sustainability policies scored, found wanting
29 April 2010The number of bank policies on sustainability issues has increased, but most fail to score as "adequate", let alone good, according to a report by NGO BankTrack.
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CDM Board moves to speed up project registration (from Carbon Finance)
22 April 2010The Clean Development Mechanism Executive Board (CDM EB) is preparing proposals for an improved project registration process, said chairman Clifford Mahlung.
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Co-founder exits EcoSecurities (from Carbon Finance)
01 April 2010Marc Stuart, one of the co-founders of leading project developer EcoSecurities, has left the company.
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Climate Investment Funds to channel $40 billion to developing countries – World Bank
25 March 2010Around $40 billion could be mobilised for low-carbon growth in developing countries via the Climate Investment Funds (CIF), according to Katherine Sierra, vice-president for sustainable development at the World Bank.