News

• Real estate investors have 'clear fiduciary duty' on climate risks, say industry bodies

  08 February 2016

  Real estate investors are "one of the most important decision making groups on earth" when it comes to climate change, say the authors of a framework devised to tackle climate risk in the sector.

• Allianz enters US renewable energy market

  08 February 2016

  Allianz has taken its first step into the North America renewable energy market after agreeing a deal with Bank of America Merrill Lynch (BAML) and EDF.

• KfW says 2015 green bonds will save almost 3Mt of carbon dioxide annually

  08 February 2016

  The five green bonds issued by German development bank KfW in 2015 are expected to save greenhouse gas emissions equivalent to more than 2.9 million tonnes of carbon dioxide each year, the bank said in a report.

• Actiam narrowly misses €1bn green bond pledge

  08 February 2016

  Actiam has fallen 10% short of its pledge to buy €1 billion ($1.08 billion) of green bonds by the end of 2015, but believes it will hit the target in coming weeks.

• EF BRIEFS: Abengoa, BlackRock & GIB, ForVEI, China Ming Yang, Stockholm, Gold Standard

  05 February 2016

  Stricken renewables developer Abengoa has sold to Masdar its stake in Shams1, the largest operating renewables plant in the Middle East.

• Euan Stirling to lead Standard Life's ESG work

  05 February 2016

  Standard Life Investments has appointed Euan Stirling to the new role of head of stewardship and environmental, social and governance (ESG) investment.

• Stoxx launches world's first low-carbon index based on CDP's Climate A List

  05 February 2016

  STOXX has joined the growing list of index providers offering low-carbon products, with the launch of the first index based on the CDP's 'Climate A List'.

• Wheb private equity arm rebrands, becomes independent

  04 February 2016

  Wheb Partners, the private equity house created by Ben Goldsmith, has become independent from its parent company and garnered €140 million ($157 million) of new investment.

• SunEdison continues to haemorrhage senior staff

  04 February 2016

  Paul Gaynor has become latest high-level departure at beleaguered renewables giant SunEdison, according to a UBS research note.

• China alone 'could smash 2015's global green bond record'

  04 February 2016

  China could issue more green bonds in 2016 than the entire world did last year, according to one expert, who says global sovereign issuance will also boost the market in coming months.