News

  • IFC reaches $281m first close on climate fund

    25 January 2013

    The International Finance Corporation (IFC) has raised $281 million into its IFC Catalyst Fund, which is to invest in companies "developing innovative ways to address climate change".

  • UK Green Deal Finance Company reveals £300m fundraising plan

    25 January 2013

    The finance company behind the UK's Green Deal home energy efficiency programme hopes to raise up to £300 million ($474.5 million) early next month, potentially with the help of the European Investment Bank (EIB).

  • Some 20 US states mulling green banks – Kauffman

    25 January 2013

    The Department of Energy (DOE) is working with close to 20 US states to create state financing entities to fund clean energy initiatives, often called 'green banks'.

  • Impax's first food and agriculture fund makes strong start

    24 January 2013

    Impax Asset Management's first ever food and agricultural fund has outperformed the market since its launch at the start of December, it has revealed.

  • BlackRock renewables fund breaks cover with REG deal

    24 January 2013

    BlackRock's long-awaited renewable energy project fund has made what is understood to be its first investment, buying two UK wind farms from Renewable Energy Generation (REG).

  • KKR buys stake in Nephila Capital

    24 January 2013

    Private equity giant Kohlberg Kravis Roberts (KKR) has bought a 24.9% stake in reinsurance industry investment specialist Nephila Capital for an undisclosed sum.

  • Water disclosure to grow faster than carbon reporting – HSBC

    24 January 2013

    The reporting of water management by companies is set to grow faster than carbon disclosure, according to analysts at HSBC, who warn that China and India are most at risk as the resource comes under increasing pressure.

  • Investors will increasingly abandon fossil fuel companies – MSCI

    24 January 2013

    An increasing number of investors will divest fossil fuel holdings this year, amid growing awareness of climate change risks, a leading analysis firm has claimed.

  • Statoil, Umicore ranked world's most sustainable companies

    24 January 2013

    Umicore, Natura Cosmeticos and Statoil have been ranked the world's three most sustainable companies by research firm Corporate Knights.

  • Aon Benfield offers index-based weather reinsurance

    23 January 2013

    Aon Benfield has launched a novel reinsurance product, backed by Swiss Re, which offers protection against adverse weather losses in the UK.