Archive

  • EU energy, climate change plans get mixed reception

    26 February 2015

    Industry and NGOs have given a mixed reception to the European Commission's new proposals to improve energy security and reduce carbon emissions within the EU.

  • Business welcomes EU Parliament vote on carbon market reform

    25 February 2015

    Industry and investor groups have welcomed yesterday's vote by the EU Parliament's environment committee to introduce a 'Market Stability Reserve' (MSR) into the EU Emissions Trading System (ETS) in 2018.

  • Green Climate Fund's firepower hits $9.3bn

    20 November 2014

    The Green Climate Fund (GCF) has seen its firepower boosted to $9.3 billion after eight more countries pledged funding.

  • Business welcomes EU 2030 emissions goal, but not renewables target

    28 October 2014

    Industry and investors have broadly welcomed the EU's new climate and energy policy framework for 2030.

  • Risk-sharing instruments get approval from Green Climate Fund

    21 October 2014

    The UN's Green Climate Fund has approved the use of financial guarantees and other risk-sharing instruments that it believes will help leverage private capital in support of the fund.

  • Green Climate Fund reaches $2.3bn

    24 September 2014

    The Green Climate Fund (GCF) has now received $2.3 billion of funding from countries across the world, following yesterday's Climate Summit in New York.

  • Undersupply warnings for South Africa's nascent carbon market

    31 July 2014

    South Africa's plans for a domestic carbon offsetting scheme risk being hamstrung by a lack of supply, market observers have warned.

  • Senate rejects attempt to repeal Australia's carbon tax

    10 July 2014

    Australia's senate has voted down the government's attempt to repeal the controversial Carbon Pricing Mechanism or 'carbon tax'.

  • Modest rise in EU carbon price by 2020 forecast by industry

    28 May 2014

    The average price of carbon allowances in the EU Emissions Trading System between 2013 and 2020 is expected to be about €8 ($11), according to a survey of market participants.

  • Investors welcome proposed EU ETS reforms

    22 January 2014

    Proposals from the European Commission to reform the bloc's Emissions Trading System have received a qualified welcome from investors.