News

• Modern Land issues mainland China's first green bond from a property firm

  17 October 2016

  Modern Land has issued mainland China's first green bond from a real estate firm, raising $350 million.

• EU carbon market weekly update - 17 October 2016

  17 October 2016

  The outlook for EUAs is neutral to bullish, with five auctions this week and power prices in the driving seat, says Louis Redshaw.

• BlackRock refinances UK wind portfolio with ING

  17 October 2016

  BlackRock, the world's largest asset manager, has secured a £55 million ($67 million) long-term debt facility from ING to refinance five operational wind farms in the UK.

• Water green bond issues break $10bn barrier

  14 October 2016

  More than $10 billion has been raised by green bonds to be spent exclusively on water-related projects, Environmental Finance can reveal.

• French Banking Federation calls for lower capital requirements for green loans

  14 October 2016

  The French Banking Federation (FBF) has called on European prudential regulators to reduce the capital requirements for green loans.

• Axa IMRA expands forestry portfolio with €21.5 million purchase

  13 October 2016

  Axa Investment Managers - Real Assets (Axa IMRA) has acquired a 958-hectare forest in France, known as Domaine de Saint Augustin, for €21.5 million ($23.7 million).

• Free tool launched for measuring a fund's carbon footprint

  13 October 2016

  A free online tool that measures the carbon intensity of investment funds, has been launched by US-based NGO As You Sow.

• Italy joins list of countries planning sovereign green bonds

  12 October 2016

  Italy has joined the plethora of countries lining up to issue sovereign green bonds.

• EU ETS fails to curb cement sector emissions, says think tank

  12 October 2016

  The carbon intensity of the cement industry in the European Union has increased since the launch of the EU Emissions Trading System (ETS) in 2005, said environmental think tank Sandbag.

• EF BRIEFS: Doughty Hanson, LM Wind Power, GE; Impax AUM

  12 October 2016

  Doughty Hanson, a UK-based private equity firm, has agreed to sell its stake of about 97% in LM Wind Power, a leading maker of rotor blades for wind turbines, to GE of the US.