News

• QE policy could increase risk of stranded assets, researchers warn

  31 May 2017

  Purchases of corporate bonds by the European Central Bank (ECB) and the Bank of England, as part of their quantitative easing (QE) initiatives, could be adding to the risk of assets in the oil and gas sectors becoming 'stranded'.

• German sustainability investors considering climate change doubles

  31 May 2017

  The number of German sustainability-orientated investors considering climate change in their investment policies has more than doubled to 43%, up from 21% in 2016, according to a survey by Union Investment.

• Scientists predict above-average hurricane season

  31 May 2017

  There is a 45% chance that this summer will see more Atlantic hurricanes than usual and only a 20% chance of there being fewer, according to US storm analysts.

• Prudential invests in Indian wind power

  30 May 2017

  UK life insurer Prudential's Asian asset manager, Eastspring Investments, has agreed to invest an undisclosed amount into Watsun Infrabuild, a subsidiary of Indian renewable energy group Continuum Wind Energy.

• EU carbon market weekly update - 30 May 2017

  30 May 2017

  Carbon continued its move higher last week, closing at €5.19, for a 7% week-on-week gain. The majority of the gains came on Friday, as the auction hiatus left the market short on the week.

• Voluntary carbon market fell 31% in 2016

  30 May 2017

  The amount spent on the voluntary carbon market fell 31% in 2016, from the previous year, as demand for offsets did not meet supply, according to a report from US not-for-profit Ecosystem Marketplace.

• EU must legislate to boost clean energy investment, says IIGCC

  30 May 2017

  Investors managing more than €18 trillion ($20 trillion) called on EU leaders to set a bold long-term decarbonisation plan to secure the continent's low-carbon transition.

• People Moves: LSEG, IIGCC, AWEA, HSBC

  26 May 2017

  Kevin Bourne has stepped down as managing director and global head of database services at London Stock Exchange Group (LSEG) to focus on another role at a company he founded called LCE Risk.

• California carbon market sells 100% of allowances, following court judgement

  26 May 2017

  The California and Québec cap-and-trade programme sold all of its carbon allowance for the first time since 2015, after renewed optimism in the market following the recent court judgement in its favour.

• Green Climate Fund offers $500m for private sector climate projects

  25 May 2017

  The Green Climate Fund (GCF) has launched a $500 million request for proposals (RFP) to support private sector projects that help combat climate change in developing countries.