News

• US asset manager to buy four more Conergy subsidiaries

  26 September 2013

  Kawa Capital Management will buy a further four units in German solar pioneer Conergy, which has called in administrators, it announced today.

• JP Morgan, BoAML, Goldman Sachs 'most active' green bond underwriters

  26 September 2013

  JP Morgan, Bank of America Merrill Lynch (BoAML) and Goldman Sachs are the most active underwriters of environmental bonds, a new league table has revealed.

• Banker calls for sustainability reporting metrics to be standardised by law

  26 September 2013

  The sustainability metrics reported by companies should be standardised and defined by law to help the environmental, social and governance investment sector expand beyond its current niche, a conference heard.

• Most impact investors target market returns, says WEF

  25 September 2013

  Four out of five 'impact' investors target market rates of return, yet only 9% of US pension fund managers feel it is "a viable investment approach", says a report from the World Economic Forum.

• Bakhshi is new head of F&C's sustainability team

  25 September 2013

  F&C Investments has promoted Vicki Bakhshi to lead its governance and sustainable investment team.

• Camco project generates some of California's first carbon offsets

  25 September 2013

  A carbon project developed by Camco Clean Energy will shortly be issued with some of the first offsets eligible in California's cap-and-trade system.

• Transparency drive aims to boost demand for $500m green bond

  25 September 2013

  The African Development Bank will name the projects that receive funding from a planned $500 million green bond issue, and detail the carbon savings they generate, as it seeks to increase transparency for investors.

• Stern backs new climate change economics study ahead of Paris 2015

  24 September 2013

  Businesses and government leaders have launched a project to analyse impacts of climate change on the economy, backed by leading economist Nicholas Stern.

• China to introduce carbon tax alongside emissions trading - IETA

  24 September 2013

  Chinese industry is likely to face a carbon tax as well as a national emissions trading system (ETS) from 2016, according to the International Emissions Trading Association (IETA).

• Homeowners jointly buy wind turbine in crowdfunding 'world record'

  24 September 2013

  A crowdfunding platform has raised €1.3 million ($1.8 million) in just 13 hours from 1,700 Dutch homeowners who have jointly bought their own wind turbine.