News

• Energy storage fund targets £100m raise from London listing

  14 March 2018

  An energy storage investment fund claiming to be the first of its kind in the UK plans to raise as much as £100 million ($140 million) from its initial public offering.

• Climatic Energy seeks to use green bonds to retrofit buildings in California

  13 March 2018

  A newly founded company in California is preparing to use credit-enhanced green bonds to retrofit up to 100 commercial buildings to make them more energy efficient.

• Hold AGM vote on compliance with mandatory TCFD, suggests Aviva's Waygood

  13 March 2018

  Aviva Investors has thrown its might behind proposals to make climate disclosures mandatory, adding that shareholders could vote on whether they approve of the reporting.

• UK urged to issue sovereign green bond to plug EIB, GIB funding hole

  13 March 2018

  The UK Government was urged to issue a sovereign green bond to help plug gaps in funding left by the sale of the Green Investment Bank (GIB), according to Aldersgate Group.

• NGO attacks 'non-additional' green bond market

  12 March 2018

  Green bonds are not bringing the additionality required to meet the aims of the Paris Agreement, according to the 2° Investing Initiative.

• EU carbon market weekly update - 12 March 2018

  12 March 2018

  Further price gains for EU Allowances (EUAs) are likely this week as a result of continuing speculative demand and lower auction volumes, says Louis Redshaw.

• Norway's wealth fund puts shipping and power under scrutiny

  12 March 2018

  The world's largest sovereign wealth fund is expected to expand its emissions exclusion criteria to cover more sectors.

• SDGs are not a 'silver bullet' for investors, says Schroders

  12 March 2018

  Schroders has expressed its concern that the UN Sustainable Development Goals (SDGs) are "misappropriated and misused", as "they were not designed for investors" in the first place.

• People moves: Lightsource BP, Global Water Partnership and Committee on Climate Change

  09 March 2018

  Michael Bloomberg has been selected as the UN Secretary-General's Special Envoy for Climate Action.

• First green-certified commercial real estate loan to build Paris towers

  09 March 2018

  A commercial real estate loan that will help build hotel and office space in Paris has become the first to be certified as green and provide an accompanying external second party opinion.