Archive

  • Green Climate Fund under pressure to shun HSBC and Credit Agricole

    30 October 2015

    Environmental NGOs have urged the UN's Green Climate Fund not to work with HSBC and Credit Agricole in order to "maintain its integrity".

  • EF BRIEFS: BlackRock, Citi, Ethos, TerraForm Global

    30 October 2015

    BlackRock, the world's biggest asset manager, is considering launching a fossil fuel-free fund. A representative of the company revealed that the fund could be launched next year while speaking at a conference on financial implications for the Paris climate change summit in London.

  • £1.5bn offshore wind project in first-of-its-kind financing

    30 October 2015

    A £1.5 billion ($2.3 billion) offshore wind project has become the first in the UK to attract lenders ahead of construction, after it received backing from 13 banks and four equity partners.

  • Deutsche Bank commits to building out ESG and impact investing

    30 October 2015

    Deutsche Bank has committed to expanding its sustainable investment offering as part of its drastic overhaul.

  • INDCs can limit global warming to 2.7°C, says UN's Figueres

    30 October 2015

    Investors have welcomed research suggesting that the national pledges made ahead of the Paris climate summit have the potential to limit global warming to 2.7°C.

  • Climate change of +4°C would be "uninsurable", says Axa chairman

    30 October 2015

    If climate change raises average global temperatures to 4°C above pre-industrial levels, most assets would be uninsurable, Henri de Castries, chairman and CEO of Axa Group told an insurance seminar in Paris.

  • Clear outcome at COP21 would enable BNP Paribas' 'dream' of internal carbon pricing

    30 October 2015

    A clear outcome at the climate negotiations in Paris would facilitate BNP Paribas Investment Partners' (BNPP IP) integration of carbon pricing into its funds, according to a specialist at the asset manager.

  • Investors push for mandatory ESG reporting

    29 October 2015

    Calls for companies to be forced to report non-financial indicators have been growing, and IOSCO and the WFE now need to take concerted action to drive the agenda forward, argues Tracey Rembert

  • Trina Solar signs $1.57 billion financing deal with CITIC

    29 October 2015

    Trina Solar has closed a RMB10 billion ($1.57 billion) financing deal with China International Trust and Investment Corporation (CITIC), China's largest conglomerate.

  • Canadian Solar bags up to $200m debt from Credit Suisse

    29 October 2015

    Canadian Solar has secured up to $200 million of debt from Credit Suisse, in a deal which has also seen it issue more than 1 million equity warrants.