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Sarasin raises $100m into cat bond fund
03 July 2012Switzerland's Bank Sarasin has raised $100 million into a fund that will invest in natural catastrophe (cat) bonds, capping its size because of a lack of suitable assets.
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First State beefs up responsible investment capacity, hires Oulton
03 July 2012First State Investment has hired Will Oulton as its global head of responsible investment and has created a new Asia-Pacific responsible investment post, to which it has appointed Pablo Berrutti.
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WWF calls for institution to finance fishery conservation
02 July 2012A financial institution for the recovery of marine ecosystems (FIRME) should be created to help finance the conservation of global fish stocks, according to WWF.
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China invests $900m in Chilean solar project
02 July 2012Chinese solar developer Sky Solar has signed a $900 million deal with China's development bank and a Chilean conglomerate to construct a solar project in Chile.
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Echoes of Solyndra as solar manufacturer Abound files for bankruptcy
29 June 2012Abound Solar, another solar technology company backed by the US Department of Energy (DOE), is going belly up.
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Japan's feed-in tariff sparks launch of renewables fund
29 June 2012Japanese asset manager Sparx and Tokyo's metropolitan government are to launch a renewable energy infrastructure fund, amid nationwide efforts to increase the share of renewables via generous subsidies.
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Sarasin puts the boot into sportswear companies
28 June 2012Manufacturers of sporting goods have generally improved their environmental performance, but are still failing to ensure the sustainability of their supply chains, according to Bank Sarasin.
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Renewables infrastructure fund targets €500m
28 June 2012A fund chaired by the former head of Falck Renewables is aiming to raise €500 million ($623 million) to invest in wind, solar and biomass power plants.
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Rio emissions trading delay seen likely to be short
28 June 2012The passing of a law to create an emissions trading scheme (ETS) in the State of Rio de Janeiro is only likely to be delayed by a few months, according to the state's environment ministry.
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Germany's federal, state governments agree on solar tariff cuts
28 June 2012Germany's federal and state governments have reached agreement to cut feed-in tariffs for German solar power by an almost identical amount to what was proposed in March, and subsidies will halt completely when the country's solar power capacity reaches 52GW.