News

• Investor confidence rising in wind sector – bank

  25 June 2013

  Investor confidence in wind turbine manufacturers will continue to grow in the second half of 2013, a leading bank has forecast.

• US investment manager offers carbon-neutral fund

  25 June 2013

  A US investment manager is to make one of its funds carbon-neutral by purchasing emission offset credits from projects that generate electricity from methane captured at landfill sites.

• Third-party solar firm wins over major bank in fundraising

  25 June 2013

  A company that installs solar panels on homes in the US has won financing to fund the purchase of more than $630 million worth of projects.

• UNEP FI names two new co-chairs

  25 June 2013

  Madeleine Ronquest, head of environmental and social risk management at FirstRand Group, and David Pitt-Watson, senior strategic advisor at Inflection Point Capital Management, have been appointed co-chairs of the UNEP Finance Initiative.

• Sustainability a growing concern for investors – BoA

  24 June 2013

  Mainstream investors will increasingly rely on sustainability metrics to inform investment decisions, Bank of America has claimed.

• MidAmerican increases bond issue to $1bn, reports say

  24 June 2013

  Warren Buffett's MidAmerican Energy has issued a $1 billion bond to finance a solar project in California, according to reports, substantially more than it had planned to raise.

• Green Climate Fund makes private sector appointment

  21 June 2013

  The Green Climate Fund (GCF) has appointed a private sector representative ahead of its upcoming meeting, where observers hope significant progress on establishing the fund's business model will be made.

• Private sector profit 'hinges on climate change adaption' – report

  21 June 2013

  The future profitability of corporations will increasingly hinge on their adaptation to climate change, a report has warned, suggesting sector-specific opportunities companies should seize to manage climate-related risks.

• 'First European renewables fund exit' delivers 40% return

  20 June 2013

  An investment firm has become the first in Europe to exit a renewable energy fund, it claimed, after it sold the remainder of the fund's wind assets and secured an overall internal rate of return of more than 40%.

• China-US HFC deal could be 'huge' for carbon markets – Newcombe

  20 June 2013

  China's pledge to 'phase down' a group of potent greenhouse gases that had not been covered under the Montreal Protocol has potentially "huge" implications for carbon trading, according to one of the market's pioneers.