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Forecasters warn of active hurricane season, as cat bond issuance steams ahead
03 June 2010North America should expect an active Atlantic hurricane season this year, according to leading forecasters. The predictions coincide with a slew of catastrophe (cat) bond issued in the past month.
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Brazilian companies hijack GRI awards
03 June 2010Brazilian businesses scooped the pools in the latest awards from Global Reporting Initiative (GRI), sparking questions over the survey's methodology and credibility.
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Biodiversity policy could learn from carbon market – EIB
03 June 2010Policy-makers should look to the carbon market in seeking solutions to biodiversity loss, delegates were told at Green Week, the European Union's annual environment conference, in Brussels on Wednesday.
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Practical action needed to build climate deal consensus – Zoellick
03 June 2010World Bank president Robert Zoellick said today that practical, on-the-ground actions in developing countries, on issues such as energy efficiency and avoided deforestation, will be key to to building a consensus for a global climate change deal.
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Weather markets vet joins Vyapar
03 June 2010Lynda Clemmons, a veteran of the weather risk management markets, has taken up a full time role at New York-based brokerage firm Vyapar Capital Market Partners.
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UK set to badly miss domestic, EU renewables targets
27 May 2010Around 6% of UK energy demand will be met using renewables by 2020, falling far short of the country's legally binding EU target of 15%, according to a forecast by Cambridge Econometrics.
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Global firms to ramp up climate spending
27 May 2010Seventy percent of global executives plan to increase investment in climate initiatives over the next two years, according to an Ernst & Young survey.
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National Grid earmarks £22bn for clean energy infrastructure
27 May 2010National Grid, one of the largest investor-owned utilities in the world, is planning a major increase in capital expenditure over the next five years to enable it to deal with a sharp rise in low-carbon energy sources.
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Bank financing of nuclear power exposed on NGO site
27 May 2010Banks are coming under pressure for financing the nuclear power sector, with a group of NGOs launching a website which names the top 10 "nuclear banks".
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Investors, forest peoples in talks over forest finance
27 May 2010Investors met with forest-dependent peoples in London this week, for "non-confrontational" discussions around controversial forest financing plans.