Archive

Private wealth holders to 'almost double' impact investing by 2025

Research by Campden Wealth, Global Impact Solutions Today (GIST), and Barclays Private Bank suggests the average portfolio allocation of private wealth holders and family offices for social and environment impact is to increase from 20% in 2019 to 35% in 2025.

Shipping - the trillion-dollar challenge

The growing support for the Poseidon Principles underlines the crucial role for finance in helping the shipping industry chart a course towards a greener future, says Ahren Lester

People Moves: Transition Pathway Initiative, GRI, Credit Suisse, IETA, CalPERS, Hermes EOS, CGC, Robeco and DZ Bank

Finance in Motion raises $60.2m for sustainable forestry fund

Impact asset manager Finance in Motion has announced the first close of its Arbaro sustainable forestry fund, having raised $60.2 million.

Renewables reach cost parity with fossil fuels, says Lloyd's Register

Low-carbon technologies are often cost completive with fossil fuels and innovation in the sector is gathering pace, according to a report by Lloyd's Register.

New Forests registers project under California carbon market

Forestry investment manager New Forests has registered its second project under California's carbon market.

RWE drops plans for '£4bn' UK offshore wind farm

RWE has cancelled plans for of an offshore wind farm in the UK, blaming technical challenges and market conditions for making it uneconomic to go ahead.

RWE puts offshore wind logistics company up for sale

RWE is planning to sell its offshore wind logistics company, but emphasised that offshore wind will remain a core business for its renewables unit.

California takes 'final step' prior to carbon offset issuance

California's cap-and-trade system has passed a "major milestone" after a project registry issued the first offsets that can be used for compliance by the state's emitters, subject to a final review by the regulator.