News

• Investor interest not a major driver of corporate sustainability – survey

  23 September 2013

  Only 12% of chief executives see investor interest as a major driver of corporate sustainability practices, while the vast majority say governments have a key role to play, according to an international survey of 1,000 CEOs.

• Trading Emissions slumps on Brazilian setback

  23 September 2013

  London-listed Trading Emissions (TEP) has lost almost 20% of its stockmarket value after saying on Friday that it expects to write down the value of its holding in Brazilian biodiesel company Bionasa, which is in financial difficulties.

• Rules for new US power plants 'to boost gas and renewables investment'

  23 September 2013

  The US Environmental Protection Agency's proposed carbon emission limits for new power plants will spur investment in clean energy, but natural gas is expected to be the big winner, according to observers.

• Green Climate Fund targets 2014 fundraising

  20 September 2013

  The Green Climate Fund (GCF) aims to complete its first fundraising next year, its new head has revealed.

• German wind farm developer raises €33.7m from institutional investors

  20 September 2013

  A German wind farm developer has closed a €100 million ($135.3 million) bond, after raising €33.7 million from institutional investors in a 'second tranche' of the issue.

• Weather risk demand to rise as institutional investors buy renewables assets

  20 September 2013

  Weather risk products will increasingly be used to help European utilities selling their stakes in renewables assets to more risk-averse institutional investors, a conference heard.

• Former CDM board chairman takes new carbon markets role

  20 September 2013

  A former chairman of the Clean Development Mechanism's (CDM) regulatory body has taken up a post with the European Commission, Environmental Finance has learned.

• Allianz closes €150m renewables fund, and appoints new manager

  19 September 2013

  Allianz Global Investors (GI) has reached a final close for a renewables fund, with €150 million ($203 million) of commitments from institutional investors, and recruited a new manager to bolster its clean energy team.

• EU carbon prices fall after 'missed opportunity' to reform ETS

  19 September 2013

  European carbon prices have taken a hit after the European Parliament's environment rejected a proposal to move quickly to structurally reform the market and impose a 2030 climate and energy framework.

• Kookie goes to Kenya

  19 September 2013

  WWF International has appointed Kookie Habtegaber as its global coordinator, green economies, to help develop its economic strategy.