Two years and counting

The Bali climate negotiations set the clock ticking on two years of negotiations to craft a new international emissions regime. Mark Nicholls reports

Europe's climate change vision

On 23 January, the European Commission set out its vision for the EU's energy and climate policy to 2020 and beyond. The big picture numbers came as no surprise – a 20% cut in greenhouse gas emissions below 1990 levels by 2020, and 20% of the bloc's energy to come from renewables by the same date.

Price is not enough

Putting a price on carbon through the tax system is difficult, controversial and will only get us so far. A cap on greenhouse gas emissions is also needed, says Jonathan Lash

Clicking past coal

Google's charitable foundation aims to be as disruptive as its parent company. Trevor Curwin talks to Dan Reicher, its man charged with making renewables cheaper than coal

Managing risk and adding value

Environmental and social risk management in project finance, if done properly, can add value to project sponsors and financing institutions – as well as to the environment and local stakeholders, says Robert Montgomery

Financing dangerous climate change

Rainforest Action Network is calling for a moratorium on the financing of new coal-fired power plants. William Barclay and Rebecca Tarbotton explain why

AIMing for growth in 2008?

Can London's Alternative Investment Market defend its position as the exit of choice for clean-tech entrepreneurs in 2008? Saul Sender ­considers their options

Laying the foundations for growth

Investors may be increasingly backing renewable energy and energy efficiency in Asia – but more could be done to ensure their growth, says Mike Allen

Putting steel into the ground

By the time this issue of Environmental Finance lands on our readers' desks, the UN climate talks in Bali will have concluded. It's impossible to predict what – if anything – substantive will emerge from the Indonesian island, after two weeks of negotiations, horse-trading, furious lobbying and, indeed, fairly furious reporting.

Adding a dose of complexity

Emissions trading systems are based on traditional economic theory – but the new discipline of 'complexity economics' raises profound questions over their role in tackling climate change, says Nick Silver