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Xstrata reports emissions increase in 2008
11 June 2009Greenhouse gas emissions by Xstrata, the coal and metals mining giant, rose 7% in 2008 while the carbon intensity of its operations rose by 8%, but the company remains on track to meet its 2010 target for emissions intensity.
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Cox to retire as head of BP's alternatives
11 June 2009BP's head of alternative energy, Vivienne Cox, is to retire from the company after four years of leading the division.
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Greens gain, but centre-right dominates, in EU elections
11 June 2009The European Greens have heralded their increase in seats in last week's European Parliament elections, but with the centre-right parties as the dominant players, it looks unlikely that Europe's politicians will emerge with a stronger line on climate change in time for the UN's Copenhagen summit on climate change in December.
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Public sector must lead way on climate finance – China
11 June 2009Governments from developed countries must lead the way on finance for climate change adaptation, mitigation and technology transfer, said a negotiator for China today at UN climate talks.
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Airlines promise cap on emissions from 2020
11 June 2009Airlines have committed to a global cap on their carbon emissions in 2020, the International Air Transport Association (IATA) announced on Monday, but environmentalists slammed the group's lack of ambition.
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Investors warned on biodiversity risk in key sectors
11 June 2009Investors have been warned of the "critical risks" to key sectors from biodiversity and ecosystem loss, in a report by the European Sustainable Investment Forum (Eurosif) and sustainable ratings agency Oekom Research.
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IFC lends Tanzania wood and energy project $18m
10 June 2009The International Finance Corporation (IFC), part of the World Bank, is to lend Norwegian bioenergy and forestry firm Green Resources $18m for a $64.3m project in Tanzania to plant 8,000 hectares of forest for wood and energy.
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Galileo Weather in management buy-out
04 June 2009Galileo Weather Risk Management Advisors has been bought by its founders for an undisclosed sum and has linked up with a soon-to-be-named insurance company that will provide counterparty credit.
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HSBC's sustainability efforts hit by financial crisis
04 June 2009HSBC made mixed progress on its sustainability goals in 2008, according to its sustainability report published last week.
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Financial firms 'worst' at climate disclosure – studies
04 June 2009Financial services companies are the worst offenders when it comes to failing to disclose climate change risks and mitigation strategies, which could have serious consequences for investors, two reports on corporate disclosure warn.