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Copenhagen funds take 25% stake in UK offshore wind project
06 November 2014Danish fund management company Copenhagen Infrastructure Partners (CIP) has bought a 25% stake in the UK offshore wind project Beatrice from UK utility SSE. The price paid was not disclosed.
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Korean carbon price seen reaching to $30 by 2017
05 November 2014The price of one tonne of carbon dioxide (CO2) in South Korea's forthcoming emissions trading system (ETS) is likely to be close to $7.50 next year, rising to $18 in 2016 and $30 in 2017, according to analysts at Thomson Reuters.
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Insurers face mounting risks in coastal cities, says industry chief
04 November 2014The combination of climate change and rapid urbanisation may create new reputational risks for insurance companies by triggering "persistent price increases" and capacity shortages, warned John Coomber, CEO of the UK's Pension Insurance Corporation.
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UK public should be offered green bonds, says renewables chief
04 November 2014The UK should issue a green bond that would allow individual savers the opportunity to invest in renewable energy projects, said a leading industry figure.
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CDSB launches final consultation on environmental reporting proposal
03 November 2014The Climate Disclosure Standards Board (CDSB) is inviting comments on the final draft of its reporting framework that aims to help companies with their disclosure of environmental information.
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New Jersey 'green bank' opens for business
30 October 2014New Jersey has officially opened its Energy Resilience Bank (ERB) backed by $200 million of public money.
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EIB provides second €100m loan facility to Ireland's ESB
30 October 2014ESB, Ireland's state-owned electricity supply company, has secured a second €100 million ($126 million) loan facility from the European Investment Bank (EIB) to help it connect wind farms to the national grid.
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UK's Green Investment Bank urged to 'go global', and issue green bonds
29 October 2014The UK's Green Investment Bank (GIB) should extend its reach internationally, according to leading financiers.
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Business welcomes EU 2030 emissions goal, but not renewables target
28 October 2014Industry and investors have broadly welcomed the EU's new climate and energy policy framework for 2030.
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EU ETS 'boosted' by 2030 clarity
24 October 2014The EU's 2030 framework gave a much-needed boost to the prospects of its beleaguered carbon market.