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UK government faces judicial review over sustainability at RBS
01 July 2009Three environmental NGOs have taken legal action against the UK government over its decision to bail out RBS without imposing environmental criteria on the bank's financing practices. This comes as a European investor coalition put forward proposals for governments to become more active shareholders in the banks they took stakes in as the financial crisis hit last year.
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Export credit agencies pull out of Ilisu project – report
25 June 2009Germany, Austria and Switzerland are to withdraw their export credit guarantees for Turkey's Ilisu dam project, jeopardising the project's future, according to a report last Friday from the German newspaper Frankfurter Rundschau.
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Triodos scoops up sustainable bank of year award
11 June 2009Triodos Bank was last week named sustainable bank of the year, the first time a specialist ethical bank has won the annual award given out by the International Finance Corporation (IFC) and the Financial Times. Standard Chartered was named runner up.
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HSBC's sustainability efforts hit by financial crisis
04 June 2009HSBC made mixed progress on its sustainability goals in 2008, according to its sustainability report published last week.
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Natixis rethinks carbon fund
01 June 2009Paris-based Natixis Environnement & Infrastructures is considering recalibrating its European Kyoto Fund – which will invest in carbon assets generated both pre- and post-2012 – to offer a tranche that repays investors with carbon credits, rather than cash as was originally structured.
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Back to business as usual?
01 June 2009The financial crisis has transformed the banking landscape. But where has it left the pursuit of 'sustainable banking'? Jess McCabe reports
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The multilaterals to the rescue?
01 May 2009Sarah Rundell reports on how Europe's multilateral banks are ramping up their green investment lending – bringing hope to cash-starved developers
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Guiding light
01 May 2009The World Bank has long played a pioneering role in carbon finance – and, with new markets and new mechanisms planned for a post-2012 climate agreement, there is plenty of innovation yet to come. Christopher Cundy reports
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IFC and FT announce sustainable banking awards shortlist
16 April 2009The International Finance Corporation (IFC) and the Financial Times have released the shortlist for their annual sustainable banking awards.
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Climate Group rebuts attack on Climate Principles
09 April 2009The Climate Group has hit back at claims that the Climate Principles are "meek" or "window dressing", but acknowledged that "more action" is required from the finance sector to tackle climate change.