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ROC rebanding to shift coal giant to biomass
25 July 2012Changes to UK support for renewable energy announced today mean that Drax, the UK's largest coal-fired power station, could switch to using mostly biomass within five years.
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Allianz sets up ESG Board
19 July 2012German insurance giant Allianz has set up a board to advise on environmental, social and governance (ESG) issues across the organisation, in what it says is a first of its kind.
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I2BF launches second nanotech fund
18 July 2012I2BF is looking to raise $150 million into its second nanotechnology fund, which is aimed at making later-stage investments into nanotechnology firms targeting the resources, water and agricultural sectors in Russia.
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Forest Capital sells US timberland portfolio
17 July 2012Forest Capital Partners, a timberland investment management organisation (TIMO) based in Portland, Oregon, has sold its 1.88 million acre portfolio to Hancock Timber Resource Group and Molpus Woodlands Group.
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Bioenergy projects dominate EU innovation funding
13 July 2012Among the five contenders in the lead to receive EU funding for innovative low-carbon energy projects, four are in the bioenergy sector.
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Failure to address fracking impacts would stifle industry's growth – BG
13 July 2012The direct environmental impacts of fracking are relatively cheap to address – but a failure to do so would "severely limit" the industry's growth, even in the US, according to the chairman of BG Group.
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Sustainable investment produces 15% outperformance – study
12 July 2012Putting money into sustainable companies between 2005 and 2011 would have yielded a return on investment 15% higher than investing in a benchmark index, according to a study by Oekom Research.
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Solar PV fund reaches $282m close
12 July 2012Swiss asset manager Capital Dynamics has raised $282 million into its US solar energy project fund.
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Project finance drives 24% quarterly rise in clean energy investments
12 July 2012Clean energy asset financing rebounded strongly in the second quarter of 2012, while equity financing remained subdued, according to Bloomberg New Energy Finance (BNEF).
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Water trading helped Australian economic recovery
11 July 2012Water trading has yielded significant economic benefits in Australia and helped speed the recovery of the agricultural sector after the 'Millennium Drought' of 1997 – 2009, according to the head of the country's water authority.