News

• 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.

• Credit Agricole, BNP and Natixis fund world's largest solar project

  25 May 2017

  The world's largest solar photovoltaic (PV) project, at 1.2GW when operational, has received $900 million in funding including loans from Credit Agricole, BNP Paribas and Natixis as part of a banking syndicate.

• Clean energy community 'addicted to aid', says project developer

  25 May 2017

  There is a big "addicted to aid" problem among the community promoting low-carbon energy, a leading developer of such projects told a World Bank conference.

• 'Investment-grade' carbon pricing for power sector launched

  25 May 2017

  CDP – formerly known as Carbon Disclosure Project – and low-carbon business coalition We Mean Business have partnered to create an "investment-grade" carbon pricing range for the power sector.

• Quantitative easing could help fund GCF, says FX specialist

  25 May 2017

  Tools used to combat the global financial crisis could help tackle the challenge of climate change, a State Street foreign exchange specialist believes.

• Green bond round-up, 24 May 2017

  24 May 2017

  Polish bank Zachodni WBK has issued €137 million ($153.8 million) green bond, in a private placement with the International Finance Corporation (IFC).

• Shell criticised for climate votes at AGM

  24 May 2017

  Royal Dutch Shell has failed to sufficiently disclose what it is doing to mitigate climate change at its annual general meeting (AGM), said UK sustainable asset manager and Shell shareholder Rathbone Greenbank Investments.