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Prince Charles backs £1bn sustainable property fund
01 July 2008Prince Charles is launching a £1 billion ($2 billion) fund, Tellesma, to invest in sustainable developments in the UK. It will focus on brownfield sites and commercial properties, developing a mix of offices and residences to build 'sustainable communities'.
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RMS software to simplify cat trading
01 July 2008Risk Management Solutions has launched software it hopes will simplify the trading of catastrophe insurance risk. The Miu platform allows users to quickly quantify a portfolio of cat risk positions, using RMS's analysis. The US-based risk modelling firm believes the platform will help increase the size of the insurance-linked security (ILS) market.
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Spectron claims REC first
01 July 2008Spectron Environmental has brokered a 'national' option deal for voluntary, Green-E, wind renewable energy certificates (RECs) in the US.
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EDP Renováveis raises €1.8 billion at IPO
01 July 2008Portuguese utility EDP listed its renewable power arm on Euronext Lisbon last month, raising €1.8 billion ($2.9 billion) including greenshoe options.
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FTSE launches enviro-tech index
01 July 2008FTSE has launched an index tracking companies with a burgeoning exposure to environmental industries.
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UK, Europe rethink commitment to biofuels expansion
01 July 2008The UK government looks set to take its foot off the biofuels accelerator following a review that questioned their sustainability and said that biofuel growth was raising food prices.
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Harnessing the power of finance
01 June 2008The Equator Principles have helped transform risk management in project finance. But, says Lars Thunell, their implementation and evolution continue to pose challenges, as well as present opportunities
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Rapporteur calls for EU biofuels target to be scrapped
01 June 2008A key figure in the European Parliament is calling for the proposed 10% biofuels target to be scrapped, and alterations to plans for member states to meet challenging renewable energy targets through a trading scheme.
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It's an ill wind
01 June 2008It's one thing to realise that weather can move commodity markets or maul company revenues – it's another thing to profit from it. Mark Nicholls talks to Peter Brewer, the hedge fund manager who does
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Governors on the march
01 June 2008As US federal legislators plan long-anticipated climate change legislation, they would do well to look to the practical progress made by state governors, say Michael Northrop, David Sassoon and Ken Colburn