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Breckinridge wins 'B Corporation' status
20 February 2013Breckinridge Capital Advisors, a Boston‐based fixed income manager, has been awarded B Corporation certification, recognising its higher standards of social and environmental performance, transparency and accountability.
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ICAO unlikely to strike emissions deal this year, say observers
20 February 2013Observers doubt that the International Civil Aviation Organization (ICAO) will strike a deal this year on how to curb the sector's emissions – raising questions about whether the EU will follow through on its vow to impose curbs on international aviation emissions.
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Korea Eximbank raising $500m green bond
20 February 2013SEB and Bank of America Merrill Lynch have opened the books on a reported $500 million-plus green bond for the Export-Import Bank of Korea, according to the Climate Bonds Initiative.
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Water investment: turning on the taps
19 February 2013With the bill for providing water for a growing population set to rocket, how can the flow of finance into infrastructure schemes be unleashed? Genevieve Bennett reports.
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EU tariffs on Chinese solar imports would hit jobs – report
19 February 2013Imposing tariffs to protect solar manufacturers from cheap Chinese imports would jeopardise hundreds of thousands of EU jobs, a report has claimed.
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World Bank to boost efforts to attract private investment for forestry
19 February 2013The World Bank Group has hit back at claims that it finances industrial logging concessions, and pledged to ramp up efforts to attract more private sector capital to support sustainable forestry.
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Carbon Trust unveils water reduction certification programme
19 February 2013The UK's Carbon Trust has launched what it says is the first international certification for water reduction, with Coca-Cola Enterprises and retail giant Sainsbury's among the first four companies winning certification.
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EU ETS rescue clears first hurdle
19 February 2013Reform of the EU Emission Trading System (ETS) has cleared its first hurdle, as members of the European Parliament's environment committee voted in favour of a European Commission proposal to intervene in the market to raise the carbon price.
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Drax profits fall, but shares rise amid biomass conversion plans
19 February 2013Profits dropped at Western Europe's biggest coal-fired electricity plant as it invested in plans to convert to running mainly on biomass – but it remains confident the transformation will deliver "attractive returns to shareholders".
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China's Green Credit Policy under scrutiny
19 February 2013Beijing is trying to give teeth to its environmental policies by enlisting the help of the banking sector. Can it work? Rey Edward reports