News

• BNP Paribas IP changes voting policy to be 'a lot more aggressive' on climate change

  23 February 2016

  The asset management arm of BNP Paribas is increasingly going to use its weight as a shareholder to tackle firms that do not disclose adequately their carbon footprints and strategies for transitioning to a low-carbon economy.

• Statkraft unveils plans for Europe's largest onshore wind project

  23 February 2016

  Norwegian utility Statkraft plans to build a €1.1 billion ($1.2 billion) onshore wind project, which would be Europe's largest. The project, on the Fosen peninsular in central Norway, will comprise six wind farms with a combined capacity of 1GW.

• EU carbon market weekly update - 22 February 2016

  22 February 2016

  The carnage in the EUA market came to a halt last week, says Louis Redshaw

• Moody's 'ready to start assessing green bonds' by end of March

  22 February 2016

  Moody's expects to be ready to start assessing green bonds under its new methodology by the end of March, Environmental Finance has learned.

• Green Climate Fund head to step down

  22 February 2016

  Héla Cheikhrouhou, executive director of the Green Climate Fund, said she will step down in September, at the end of her current term.

• Figueres steps down as UN's climate chief

  22 February 2016

  Christiana Figueres has announced plans to step down as UN climate chief, following the "historical" Paris agreement in December, firing the starting gun on a race to become her successor.

• EF BRIEFS: Statoil, Solar21, Carbon trading, Sustainalytics and Glass Lewis

  19 February 2016

  Statoil has launched 'one of the world's largest corporate venture funds dedicated to renewable energy' as it looks adapt in-line with the transition to a low-carbon economy.

• PRI, Generation, UNEP FI launch initiative to tackle 'outdated perceptions' on ESG and fiduciary duty

  18 February 2016

  A global programme has been launched by the Principles for Responsible Investment (PRI) to push investors to consider sustainability as part of their fiduciary duty.

• Abengoa reveals €1.7bn cash hole

  18 February 2016

  Abengoa has revealed it will require an extra €1.66 billion ($1.85 billion) over the next two years, as it prepares to enter debt restructuring talks.

• Stathers steps down as Schroders' head of responsible investment

  18 February 2016

  Rick Stathers, head of responsible investment at Schroders, has stepped down after nearly 16 years at the investment firm.