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Sainsbury's secures £200m 'green loan' to fund low-carbon projects
21 July 2014UK supermarket chain Sainsbury's has agreed a £200 million ($342 million) loan from Rabobank to support its programme of carbon reduction and sustainability projects.
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Lloyd's urges insurers to prepare for climate change risks
08 May 2014Insurers should take climate change into account in their modelling of catastrophe risks, Lloyds of London warns in a new report. This may require them to hold additional capital as protection against climate-related risks, said Trevor Maynard, the exchange's head of exposure management and reinsurance.
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12 more banks sign up to Green Bond Principles
14 April 2014Twelve banks have added their support to the recently formed Green Bond Principles (GBPs), taking the number of signatories to 25.
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Spanish utility Iberdrola taps green bond market
09 April 2014Utility Iberdrola has issued a €750 million ($1 billion) green bond – the first from a Spanish corporate.