News

  • UN should put its money where its mouth is, says asset manager

    23 September 2014

    UN Secretary-General Ban Ki-moon has been urged to align the investments of the UN's pension fund with his calls for action to combat climate change.

  • Rockefeller's $860m fund to quit fossil fuel investments

    22 September 2014

    The $860 million Rockefeller Brothers Fund is to divest from fossil fuel investments, starting with coal and tar sands, two of "the most intensive sources of carbon emissions," fund president Stephen Heintz said.

  • Abengoa issues first green bond

    22 September 2014

    Spanish alternative energy firm Abengoa is to issue a €500 million ($643 million) green bond.

  • Investors urged to engage with coal companies on stranded asset risk

    22 September 2014

    Institutional investors should engage with coal companies to ensure they maximise value, either by redeploying capital away from high-cost projects or by returning cash to shareholders, said Anthony Hobley, CEO of the Carbon Tracker Initiative (CTI).

  • Mercer to analyse climate risks, backed by investors worth $1.5trn

    22 September 2014

    Global investors managing a combined $1.5 trillion have teamed up with consultancy Mercer to help it analyse the risks climate change poses to portfolios.

  • Barclays promises £1bn to green bond market by next year

    22 September 2014

    Barclays has pledged to invest at least £1 billion ($1.3 billion) in the green bond market, in order to help it develop.

  • Irish waste-to-energy projects gets €375m private backing

    19 September 2014

    Covanta Holding Corporation has closed a €375 million ($481 million) financing agreement to build a waste-to-energy plant in Ireland.

  • IFC's first retail green bond gets 'positive reception' as it raises $5.6m

    19 September 2014

    The World Bank's IFC raised $5.6 million this week in a new type of green bond issue designed for retail clients.

  • Aventine agrees $40m refinancing

    19 September 2014

    Ethanol producer Aventine Renewable Energy has signed a $40 million loan agreement in a move it hailed "a significant milestone" in its turnaround plan.

  • Biomass firm closes new projects following IPO

    19 September 2014

    A renewables firm which raised £9.5 million ($15.5 million) through an IPO in July has reached financial close on two biomass boiler projects.