Alterra Power completes C$110m loan agreement
Alterra Power has agreed a loan facility of C$110 million ($103 million) with affiliates of AMP Capital Advisors.
RGGI carbon auction price hits record high amid EPA speculation
A new record clearing price of $5.02 for emission allowances in the Regional Greenhouse Gas Initiative (RGGI) was set in the market's 5 June auction.
AMP responsible funds exclude firms with material exposure to fossil fuels
Australian investment giant AMP Capital has formally excluded companies with high "material exposure" to fossil fuels from its Responsible Investment Leaders (RIL) funds.
World Bank launches first green bond in Australia
The World Bank has today launched its first green bond on the Australian market, raising AU$300 million ($281 million).
Connecticut's green bank in $5m solar crowdsourcing deal
Connecticut's green bank has invested $5 million to help kickstart an initiative to crowdsource loans for residential solar rooftop projects in the state.
Australia faces laws of unintended consequences
Australia's change of direction on climate change policy is causing concern among the financial community. Graham Cooper reports
PRI appoints external advisor after two more Danish signatories exit
The Principles for Responsible Investment (PRI) today pledged to appoint an independent external advisor to review its governance after two more Danish signatories exited the initiative as a result of governance concerns.
Six Danish investors leave PRI, blaming governance issues
Six Danish pension funds have exited the UN-backed Principles for Responsible Investment (PRI), accusing the organisation of not meeting "basic requirements for good corporate governance".
IIRC launches integrated reporting framework
A framework to help companies expand their reports beyond financial metrics and include measures of sustainability has been launched, marking "an important milestone" in the evolution of 'integrated reporting'.
GHGs: Back to the future
The winners in this year's rankings have triumphed in the face of adversity. They are now anxiously waiting for policymakers to make structural reforms to core markets, just as they were at the turn of the century. Graham Cooper reports