News

• Doha climate talks extend Kyoto, chart path to 2015 deal

  10 December 2012

  The UN climate talks in Doha ended on Saturday with agreement on a second commitment period under the Kyoto Protocol as well as a work plan for a new international framework – amid criticism of a lack of urgency from NGOs.

• Business fears over energy and resource costs hit three-year high – PwC

  10 December 2012

  The number of business leaders worried that energy and resource costs pose a threat to growth has hit a three-year high, PwC has suggested.

• Green Investment Bank hires chief risk officer

  07 December 2012

  The UK's Green Investment Bank (GIB) has appointed Peter Knott as chief risk officer.

• Litvack to step down as F&C GSI head

  06 December 2012

  Karina Litvack is to step down as head of governance and sustainable investment (GSI) at asset manager F&C after 15 years in the role.

• Risk management increasingly important for investors' ESG efforts – report

  06 December 2012

  An increasing share of European asset owners say the management of long-term risk is their main motivation for incorporating environmental, social and governance (ESG) criteria when they invest, according to a survey.

• Environmental consultancy market hits $26.5bn

  06 December 2012

  The global environmental consultancy market grew to $26.5 billion last year and is forecast to continue increasing at a compound rate of 3.5% a year up to 2016, according to a new study.

• Companies are 'walking dead' as CDM market suffers – Newcombe

  06 December 2012

  An "exodus" of talent has left companies in the carbon sector resembling the "walking dead", veteran carbon trader Ken Newcombe claimed, as he urged politicians to save the Clean Development Mechanism (CDM).

• Dash for gas risks undermining UK renewables

  06 December 2012

  The UK government has given the green light to 30 new gas power stations and potentially opened the door to widespread fracking in a move that critics fear will undermine confidence in renewables.

• Munich Re, REpower sign first offshore wind insurance deal

  06 December 2012

  Munich Re has sold what it says is the first ever insurance product to protect an offshore wind turbine maker from serial losses, as it targets around €500 million ($653 million) of business from renewable energy by 2015.

• New water trading fund up and running

  04 December 2012

  A pioneering new fund focusing exclusively on Australia's traded water market is already allocating capital and has seen strong interest from overseas investors, according to its fund manager.