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Global Environmental Facility pledges $250 million for forest finance
20 May 2010The Global Environmental Facility (GEF) has announced a funding envelope of $250 million for sustainable forestry management (SFM) initiatives, including a focus on using forests for climate change mitigation.
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EEA exits management of Leaf Clean Energy
20 May 2010Leaf Clean Energy, a London-listed clean technology fund, is to split from its investment advisor EEA Fund Management, following its failure to merge with Trading Emissions.
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Leapfrog charity secures seed funding for low-carbon advisory service
13 May 2010The Tellus Mater Foundation, a UK-based grant-making trust, has donated £100,000 ($146,000) to Carbon Leapfrog, a charity that aims to channel free specialist assistance to emission reduction and clean technology projects.
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Pension group to unveil public-private climate fund
12 May 2010Some of the world's largest pension funds are set to unveil a public-private climate fund as a contribution to efforts to raise hundreds of billions of dollars for climate change financing.
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Earth Capital Partners launches sustainable timber fund
06 May 2010ECP is aiming to attract $300 million into a fund investing in Latin American forestry and biomass.
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US clean energy stimulus cash almost fully allocated
06 May 2010The US Department of Energy (DOE) has committed nearly 90% of the cash it received from last year's economic stimulus package to a vast array of clean energy projects.
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ICE makes £395m bid for Climate Exchange
30 April 2010IntercontinentalExchange (ICE) has made a cash offer for Climate Exchange which values the firm at around £395 million ($603 million), prompting a 57% jump in the carbon exchange's share price to a high of £7.50, from yesterday's close of £4.78.
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Rabobank eyes €1.5bn for renewables debt fund
29 April 2010Rabobank is aiming to raise €1.5 billion ($2 billion) into a debt fund that will co-invest alongside the Dutch bank in renewable energy generation projects in Europe and Scandinavia.
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Codexis IPOs, second biofuels firm to follow
29 April 2010US advanced biofuels firm Codexis raised $78 million last week when it floated on Nasdaq – below its target of $100 million.
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Water investment a 'no-brainer' – fund manager
22 April 2010Investors are just scratching the surface of potential opportunities in the water sector, according to an asset manager that has launched a fund in the sector.