News

• California carbon market sells just 16.6% of allocation

  02 March 2017

  California and Québec's carbon market collapsed again, with just 12.4 million, 16.6%, of the 74.8 million tonnes of allowances available at the Cap-and-Trade Program sold at last month's auction, at the 'floor price' of $13.57 a tonne.

• World's first green bond ETF launches

  01 March 2017

  The world's first green bond index-linked exchange traded fund (ETF) is set to be launched is set to be listed on the Euronext Paris Thursday, after it received the green light from EU regulators.

• Judicial review sought over sale of GIB

  01 March 2017

  A firm vying to acquire the UK's Green Investment Bank (GIB) has launched a legal challenge in the High Court over the government's decision to award Australian bank Macquarie Capital preferred bidder status.

• Green bond round-up, 1 March 2017

  01 March 2017

  National Australia Bank (NAB) has issued a €500 million ($526 million) green bond, the largest from an Australian issuer.

• Council agrees to strengthen EU ETS

  01 March 2017

  The EU Emissions Trading System (ETS) has taken a step closer to adopting reforms that could see prices triple, according to one analyst.

  

• Swiss investment firm reveals details of green bond fund

  01 March 2017

  A Swiss asset manager, with more than SFR220 billion ($218 billion) under management, has launched a fund dedicated to investments in 'climate bonds'.

• Investors call on companies to commit to halting deforestation

  01 March 2017

  A coalition of investors with $617.5 billion of assets under management, led by Green Century Funds, has called on companies to sign up to 'zero deforestation' commitments specific to Latin America.

  

• AP3 more than doubles green bond investments in 2016

  28 February 2017

  Sweden's third national pension fund, AP3, has more than doubled its green bond investments in 2016, from SEK4.5 billion ($500 million) to SEK9.5 billion.

  

• Trading in European renewables certificates rises 80% in five years

  28 February 2017

  Demand for renewable energy 'Guarantees of Origin' (GOs) in Europe has risen by more than 80% between 2011 and 2016, according to industry statistics.

  

• ClimateCare partners with Gold Standard for SDG verification

  27 February 2017

  Sustainable project development and advisory firm ClimateCare has partnered with voluntary carbon market certification company Gold Standard to create new standards for projects that are in line with the UN Sustainable Development Goals (SDGs).