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Stoxx ESG index looks to launch investable products
11 October 2011Index provider Stoxx is in talks to launch exchange-traded funds (ETFs) based on its most recent environmental, social and governance (ESG) index family, which is weighted by sustainability rather than traditional measures of stock liquidity.
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US loan guarantees drive a spike in clean energy project finance
06 October 2011Global clean energy project finance rose to a record $49.9 billion last quarter, as US developers rushed to take advantage of a cash grant programme that is soon to expire, according to data from VB Research.
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Carbon capture 'on track' for 2020 target
06 October 2011The world is likely to have 20 large-scale carbon capture and storage (CCS) projects operating by 2020, according to the latest report from the Global CCS Institute.
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SRI policies take off at European pension funds – Eurosif
04 October 2011A majority of European corporate pension funds have a socially responsible investment (SRI) policy in place, according to a survey by the European Sustainable Investment Forum (Eurosif).
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Track record, EIB help Impax close renewables fund at €330m
29 September 2011A successful earlier fund and backing from the European Investment Bank (EIB) helped Impax buck a tough fundraising environment to pull €330 million ($450 million) into its latest fund, its CEO said – but troubles in Spain held the asset manager back.
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Legal & General adds green terms to commercial leases
29 September 2011Tenants signing leases with commercial property giant Legal & General in the UK will now have to agree to green terms with their landlord.
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LG to invest $6.8bn in green strategy
27 September 2011South Korean conglomerate LG has said it will invest 8 trillion won ($6.8 billion) by 2015 in a 'Green New Business' strategy.
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Fulcrum Bioenergy files for $115m IPO
26 September 2011Fulcrum Bioenergy has joined the flurry of US biofuels companies hoping to raise cash from the public markets.
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Novozymes targets multi-billion dollar African charcoal market with green alternative
22 September 2011Novozymes is to help finance a novel integrated food and energy venture in Mozambique which aims to displace charcoal with biofuel – offering a more sustainable alternative, it says, with a view to opening a massive market.
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Green taxes to pave way to 'resource efficient Europe'
20 September 2011The European Commission has drawn up a "roadmap to a resource efficient Europe", which it believes shows the way for the EU to decouple economic growth from resource use and prepare for a more sustainable future based on innovation. EU environment commissioner Janez Potočnik called for more green taxes to bolster the shift, but he shied away from announcing any bold changes in policy.