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New York and London mayors urge pension fossil fuel divestment
08 January 2020The mayors of New York and London have urged leaders of other major global cities to join them in divesting their pension funds from fossil fuel assets.
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Investors urge Barclays to phase out fossil fuel financing activities
08 January 2020A group of 11 institutional investors has filed a shareholder resolution to Barclays, calling on the London-listed bank to phase out its financing for fossil fuel firms.
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SEC proposals on shareholder resolutions slammed by responsible investors
07 January 2020The US Securities and Exchange Commission (SEC) has come under fire from a group of responsible investors, who have said its proposed rules on environmental, social and governance (ESG) will hinder their work
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HSBC: Investors likely to suffer from EU fines for car manufacturers
07 January 2020The risks posed to car makers by EU environmental regulations are not being priced into current valuations, a report has warned
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Climate Action 100+ claims first Chinese asset owner
07 January 2020Chinese insurer Ping An has signed up to the Climate Action 100+, an investor initiative launched in 2017 to ensure the world's largest corporate greenhouse gas emitters take necessary action on climate change
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Solarcentury secures €55m facility to fund Spanish solar plant construction
07 January 2020Solar energy firm Solarcentury has secured facilities worth €54.8 million ($61.3 million) from a pair of UK banks to help fund the construction of two solar plants in Spain.
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World Bank launches fourth emissions reduction auction
07 January 2020A fourth pay-for-performance auction developed by the World Bank to stimulate investment in projects to reduce greenhouse gas (GHG) emissions has launched a new auction worth at least $6 million.
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BNP Paribas closes first sustainability linked loan in Canada
07 January 2020BNP Paribas has closed a bilateral, incentive-linked corporate revolving credit facility (RCF) with Canadian energy provider Brookfield Renewable Partners.
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EU Carbon Market Update, 6 January
07 January 2020The outlook for EU Allowance prices is currently bearish, in light of a deterioration in underlying fundamental market drivers, says Adam Windmill.*
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Robeco announces ESG engagement themes for 2020
07 January 2020Dutch asset manager Robeco has announced its Active Ownership team will focus on five environmental, social and governance (ESG) engagement themes in 2020, including biodiversity protection and decarbonisation.