News

• Green bond round-up, 10 May 2017

  10 May 2017

  German development bank KfW has issued its largest ever green bond at €2 billion ($2.2 billion).

• Spanish oil company issues controversial green bond

  10 May 2017

  Spanish oil company Repsol has issued a controversial €500 million ($543 million) green bond that will be partly used to fund energy efficiency projects in its oil and chemical refineries.

• Voluntary carbon market can beat 'life-threatening' challenges

  09 May 2017

  The voluntary carbon market "faces two life-threatening challenges", but they do not spell the end of the market, according to the Gold Standard, a specialist certification body.

• Investors should vote against BP and Shell remuneration packages, says ShareAction

  09 May 2017

  Pressure group ShareAction is calling on investors in BP and Royal Dutch Shell to vote against remuneration packages at the oil majors, which they believe incentivises high-risk fossil fuel strategies.

• EU carbon market weekly update - 8 May 2017

  08 May 2017

  Carbon once again ended the week flat as the uptick in the clean-dark spreads was enough to offset the auction supply, itself lower due to the shortened week.

• Spanish government loses claim over renewables subsidy cuts

  08 May 2017

  Spain has been ordered to pay €128 million ($140 million) plus interest, to compensate two solar energy investors for losses incurred as a result of the government cutting its renewables subsidies.

• UNFCCC mulls green bonds to help refinance CDM

  08 May 2017

  The UN Framework Convention on Climate Change (UNFCCC) has tabled plans to launch a green bond-based refinancing facility for the Clean Development Mechanism (CDM).

• Canada's NatureBank commits to $14m sustainable cocoa project

  08 May 2017

  NatureBank Asset Management has agreed a Limited Partnership (LP) with US firm Southern Harvest Partners and related companies, to invest $14 million into sustainable cocoa production in the Dominican Republic.

• Japan to issue a 'deluge' of green bonds in 2017

  08 May 2017

  Japanese green bond issuance is set to take off in 2017, having grabbed the attention of local capital markets, according to one second opinion provider recently established in the country.

• Berkshire's 'huge appetite' for wind and solar assets

  08 May 2017

  Berkshire Hathaway, the holding company of about 70 re/insurance companies globally, has a "huge appetite" for solar and wind power projects, according to chief executive Warren Buffett.