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The Singapore arm of FTSE 100-listed banking giant HSBC has launched green loan programme for smaller businesses in the city state.

Investment fund SDCL Energy Efficiency Income Trust (SEEIT) has completed its $110 million acquisition of a 50% stake in a US industrial portfolio.

Energy efficiency investment fund SDCL Energy Efficiency Income Trust (SEEIT) has agreed to buy a 50% stake in a US industrial portfolio for $110 million in cash.

Eleven environmental groups have sent an open letter to the CEOs of US businesses urging them to step up their action on climate change.

The Paris climate deal moved a step closer to becoming law today after the number of countries that ratified it hit 60.

Prices have come under renewed pressure, say the winners of this year's Voluntary Carbon Market Rankings, but growing interest from corporates offers reasons for hope. Peter Cripps reports

Sentiment in the voluntary carbon market remains bullish despite prices continuing to come under pressure, according to the latest survey of the market by Environmental Finance.

For the sixth year, Environmental Finance is conducting its annual rankings of the voluntary carbon markets. The survey, which opens today, is asking for views on the leading project developers, traders, wholesalers, advisors, verifiers and other service providers in the space.

The dominant players in the voluntary carbon market are optimistic about the future, despite a decline in volumes and prices between 2012 and 2013, according to the latest survey of the market by Environmental Finance.

UN climate negotiations in Bonn next week are unlikely to chart a path towards a global climate deal in 2015, NGOs have said.