Archive

  • Public and private

    01 March 2009

    Whether as a policy-maker or an investment manager, Kathleen McGinty has spent her career trying to find the economic opportunity in environmental challenges, she tells Christopher Cundy

  • Co-op Bank rejects £1BN on ethical grounds

    01 March 2009

    The Co-operative Bank has turned down more than £1 billion ($1.5 billion) of "unethical" business since 1992, it announced last month.

  • Private equity industry steps up on responsible investing

    01 March 2009

    Institutional investors have welcomed an initiative by leading private equity firms that will see them adopt investment guidelines modelled on the UN's Principles for Responsible Investment (PRI). The move coincides with the results of a pilot project to improve the environmental performance of leading private equity firm Kohlberg, Kravis Roberts (KKR) portfolio of companies.

  • $250m PE fund targets undervalued assets

    01 March 2009

    Unigestion is to launch an environmental private equity fund-of-funds that aims to take advantage of "the significant fall in the price of sustainability assets to levels not seen since 2004".

  • CDP to poll 3,700 firms on climate risks

    01 March 2009

    The Carbon Disclosure Project (CDP) has called on 3,700 companies to submit data on their climate change risks, as a survey claims that three-quarters of the investment managers behind the project now factor such information into their investment decisions.

  • US renewables lobby looks to federal mandate

    01 March 2009

    Momentum is building towards the adoption of a US federal renewable electricity standard (RES), which experts say will help underpin growth in the US renewable energy sector.

  • Renewables cash survives US stimulus horse-trading

    01 March 2009

    US solar project developers and renewable energy equipment manufacturers are set to profit from the $787 billion US economic stimulus package, following the survival of provisions aimed at blunting the impact of the financial crisis on the sector.

  • Irena launched

    01 March 2009

    An international body to promote renewable power was founded in Berlin at the end of January, with 75 countries joining the International Renewable Energy Agency.

  • CCC raising £20m for UK renewables

    01 March 2009

    Climate Change Capital is hoping to raise up to £20 million ($29 million) into its Ventus and Ventus 2 funds, which develop renewable energy projects in the UK with a typical capacity of between 2MW and 12MW.

  • McKinsey prices climate effort

    01 March 2009

    Climate change could be kept in check at a cost of €200 billion ($265.3 billion) a year by 2030, according to a report by McKinsey & Co.