Archive

  • Surviving a post-COP 21 world: More effort needed from the extractives sector

    09 December 2015

    Few miners are stress testing their business for a 2°C scenario, says James Hulse

  • PDC hits $600bn, eyes a trillion

    07 December 2015

    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.

  • Over 500 organisations commit to divest ahead of COP21

    02 December 2015

    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.

  • Fossil fuels to suffer $34trn revenue cut if warming to be kept to 2°C

    30 November 2015

    The fossil fuel industry will suffer a $34 trillion drop in revenues over the next 25 years if policies are brought in following the Paris climate summit to limit global warming to 2°C above pre-industrial levels, a report has warned.

  • Carbon analyst Mark Lewis joins Barclays

    30 November 2015

    Veteran carbon analyst and stranded assets expert Mark Lewis has taken up a new post, with Barclays.

  • EF BRIEFS: SocGen, Barclays, Trina, Enel, GIB, Camco, Capital Stage, IIGCC, GE and Alstom

    18 November 2015

    Societe Generale has adopted a climate policy ahead of the Paris climate summit that will see it pull out of some coal financing and double financing for renewables by 2020.

  • Climate change to shave 0.5% a year off insurers' capital

    16 November 2015

    Climate change threatens to have a negative impact on the capital position of insurers, by lowering investment income and increasing capital requirements for weather-related claims, Standard & Poor's (S&P) predicts.

  • FSB calls for task force on climate risk disclosure

    09 November 2015

    The Financial Stability Board (FSB) has called for the creation of an industry-led task force to work on the disclosure of climate-related risks.

  • Two fossil fuel giants investigated over claims they lied over climate change

    06 November 2015

    US oil giant ExxonMobil and Peabody Energy are being investigated by the New York state attorney-general over claims they lied to their shareholders and the public about climate change risk.

  • EF BRIEFS: Downing, Lekela, Recurrent Energy, Enbridge, Climate Bonds Initiative, GRI, Global CCS Institute, IETA

    06 November 2015

    London-based investment firm Downing will invest £20 million ($30 million) in biomass projects as part of a joint venture with developer Strand Energy.