Asincere change of heart, or merely the latest cynical delaying tactic? Environmental NGOs are in little doubt: George Bush's apparent volte face on an international effort to tackle greenhouse gas emissions (see page 4) is, in the words of Friends of the Earth, a "charade". WWF argues that it "casts a long dark shadow over the G8 process".
A new investment approach by two of California's largest pension funds could have more environmental impact than
if the US were to join the Kyoto Protocol, say
Christopher Murphy and Jonathan Naimon
Entergy's customer base will be among the first to feel the effects of climate change, so the US utility is moving fast to limit its greenhouse gas emissions. Christopher Cundy reports
Neil Daetwyler explains the evolution of the Equator Principles, and how project finance houses are putting
them into practice
A year after the launch of the IFC's Performance Standards, banks are rising to the challenge they set, says Rachel Kyte
One year after their launch, the UN Principles for Responsible Investment are now backed by investors managing $8 trillion. Rory Sullivan and Rachel Crossley consider how they are working in practice
Marcel Brenninkmeijer's early backing of tomorrow's solar giants has reaped vast rewards. Christopher Cundy asks him what's over the horizon
Sustainability pledges – in both cash and commitments – are proliferating across the banking sector. But what does sustainability mean in practice? Jess McCabe reports
The timing and nature of federal climate legislation may be exercising Capitol Hill but, on Wall Street, the jockeying for position in the US carbon market is well under way.
Trevor Curwin reports
US investors are beginning to wake up to the climate risks that may be lurking in their portfolios – and are calling on Congress to introduce some certainty on climate into the investment environment, says Mindy Lubber