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HSBC's Climate Change Index outperforms in 2013, led by energy efficiency
19 December 2013HSBC's Climate Change Index (CCI) has outperformed wider markets so far in 2013 for the first time since 2007, after making a "remarkable return to favour" among public investors.
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Impact investments not a true asset class, says investment advisor
16 December 2013Institutional investors should consider impact investments on an opportunistic basis, rather than as an asset class with a specific allocation target, says US advisory firm Cambridge Associates.
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Alceda, ECPI launch sustainability fund
16 December 2013Alceda Fund Management has partnered with ECPI, a Milan-based provider of sustainability research, ratings and indexes, to launch the ECPI Sustainable Megatrend fund.
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Solar fund to make first investment
16 December 2013A recently formed solar photovoltaic (PV) asset management business expects to make its first investment this week, Environmental Finance can reveal.
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Impax renewables fund more than 60% committed after new investments
13 December 2013Impax's second investment fund has announced new investments in renewable energy in Italy, Germany, Finland and Ireland.
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Six Danish investors leave PRI, blaming governance issues
13 December 2013Six Danish pension funds have exited the UN-backed Principles for Responsible Investment (PRI), accusing the organisation of not meeting "basic requirements for good corporate governance".
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Danish pension fund invests in wind project through export credit agency
11 December 2013Pension fund PFA has invested DKK240 million ($45 million) in an Irish wind farm through Danish export credit agency EKF.
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UBS fund takes 50% stake in EDF's Texan wind farm
11 December 2013UBS International Infrastructure Fund is to buy a 50% equity stake in a 161MW Texas wind farm from EDF Renewable Energy for an undisclosed sum.
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IIRC launches integrated reporting framework
10 December 2013A framework to help companies expand their reports beyond financial metrics and include measures of sustainability has been launched, marking "an important milestone" in the evolution of 'integrated reporting'.
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EIB makes €50m equity investment in renewables fund
09 December 2013The European Investment Bank (EIB) has committed €50 million ($69 million) to a fund that invests in European renewable energy.