New climate finance target 'to be set at next COP'
This year's COP needs to set an enhanced target for climate finance, a pension fund has argued, as the amount mobilised eventually needs to move from the "billions to the trillions".
US states urged to issue more bonds to support water projects
US states should issue more bonds and loan guarantees to help finance water infrastructure, said the Natural Resources Defense Council (NRDC), an influential environmental advocacy group.
Figueres: infrastructure bonds should be green bonds
Former UN climate chief Christiana Figueres issued a rallying call for cities, governments and large companies to issue green bonds to finance their infrastructure projects, as she seeks to shift the market's growth into a higher gear.
US Ex-Im Bank ditches most coal-fired power plants
The US Export-Import Bank has become the latest financial institution to pull out of funding coal-fired power plants, committing to only fund the technology in the world's poorest countries.