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EIB issues its first climate bond of 2013
24 April 2013The European Investment Bank (EIB) has issued its first green bond of 2013, in a move that saw it raise SEK500 million ($75.9 million).
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BoAML picks energy efficiency stocks
23 April 2013"The world is facing a global energy crisis," warn equity analysts at Bank of America Merrill Lynch in a research note identifying stocks that stand to benefit from increased spending on energy efficiency.
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Sustainability saves Unilever €300m
23 April 2013Unilever's sustainability drive has helped it shave more than €300 million ($390 million) from its costs since 2008, the company said.
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Carbon trader launches environmental services arm
23 April 2013One of the carbon market's leading investors has launched a new business, aimed at companies that wish to measure and report their emissions, water and energy use.
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Clean energy investment seen trebling by 2030
23 April 2013Annual investment in clean energy is set to treble to $630 billion by 2030, under the most likely scenario set out in the latest Bloomberg New Energy Finance (BNEF) modelling.
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Second time lucky for MLP renewables bill?
23 April 2013A bipartisan group of US senators will reintroduce a bill to allow renewable energy to be financed using master limited partnerships (MLPs).
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ABB in $1bn swoop on solar inverter maker
22 April 2013Swiss engineering company ABB has launched a $1 billion bid to buy solar inverter maker Power-One, saying now is the right time to invest in the "most attractive part of the solar power value chain".
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IFC to issue $1bn/year in green bonds
22 April 2013The International Finance Corporation (IFC) is to issue at least $1 billion a year in green bonds, following its successful $1 billion issue earlier this year.
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Phaunos Timber Fund blames tough markets for widening losses
22 April 2013Phaunos Timber Fund – an investment company focusing on sustainable timber – saw its losses widen in 2012 after cutting the valuation of parts of its portfolio amid challenging market conditions.
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Samsung admits sourcing tin from 'devastated' island
22 April 2013Electronics giant Samsung has won NGO plaudits for admitting that tin used in some of its products originates from an area where mining has been accused of destroying tropical forests, killing coral and damaging local communities.