Leadership does not equal GFANZ
There has been little evidence of leadership or reduction of fossil fuel financing in the giant coalition of investors and banks, argues Michael Northrop
EACOP must stop!
How is it possible that a project like the East Africa Crude Oil Pipeline (EACOP) could be under serious consideration in 2022, asks Michael Northrop
GFANZ fails to deliver at COP26
Finance is uniquely positioned to save the planet, but has already financed 1.5 C of warming, warns Michael Northrop
The Rockefeller Brothers Fund on impact
The $1.4 billion endowment wants to set an example for transparency as it looks to invest up to a fifth of its portfolio for positive impact, Stephen Heintz tells Michael Hurley
Rockefeller, Packard and Ford among foundations backing impact scale-up fund
The Rockefeller Foundation, David and Lucile Packard Foundation and Ford Foundation are among high-profile US backers of a 'tipping point' fund designed to help boost the impact investing market.
Lekela seals financial close of Senegal’s first utility-scale wind farm
Renewables platform Lekela Power has reached financial close for the first ever utility-scale wind project in Senegal.
People moves: Legal & General Capital, Vigeo Eiris, Lekela and NIB
Legal & General Capital (LGC) has recruited former RBS group treasurer John Cummins as its managing director of urban regeneration and clean energy.
Mainstream secures $177.5m for African renewables
Irish clean energy specialist Mainstream Renewable Power has raised $177.5 million for Lekela Power, its joint venture in Africa.
Pension firm divests NOK500m from coal but challenges 'stranded assets' theory
Norwegian pension giant KLP has dismissed the "stranded assets" debate, but still plans to divest from coal companies in favour of renewable energy.
AP2 divests from 20 'seriously risky' fossil-fuel companies
The SEK265 billion fund is moving its money out of 20 firms – 12 in coal and eight in oil and gas production – following what it called a "comprehensive risk analysis" of its holdings.