-
AIR increases Sandy loss estimate to $16bn-22bn
27 November 2012Superstorm Sandy was much more costly than previously thought, with modelling firm AIR Worldwide updating its insured loss estimates to the $16 billion-22 billion range, up from $7 billion-15 billion initially.
-
California holds first carbon auction as legal threats loom
27 November 2012California has hailed its first auction of carbon allowances as a success, but legal challenges continue to undermine confidence in its future.
-
2°C target to be missed as dangerous climate change looms
27 November 2012A host of organisations have warned that the world is on course for dangerous levels of climate change because current emission reduction initiatives will fail to limit warming to the 2°C target that underpins international efforts.
-
Water trading could improve Europe's water quality – EEA
26 November 2012Economic instruments, such as water trading, could help reduce pollution and overconsumption of water supplies in Europe, according to the European Environment Agency (EEA).
-
IEA sounds warnings on Korea's nuclear sector
26 November 2012The International Energy Agency (IEA) has called for South Korea to enhance its nuclear oversight following a series of incidents at reactors in recent weeks.
-
Governments must take on CCS risk, warn insurers
23 November 2012Insurers have warned they will be unable to fully underwrite carbon capture and storage (CCS) programmes in the EU, and governments will have to accept some of the risks.
-
Renewables investors welcome UK Energy Bill agreement
23 November 2012The UK government's agreement on key details of its forthcoming Energy Bill has been welcomed by renewable energy financiers, who say it has the potential to unblock stalled investment in the sector.
-
UK renewables set for 'exponential' boost from new policy
23 November 2012A raft of measures designed to boost renewables in the UK will trigger an exponential increase in investment, the industry claimed today – although green groups slammed a retreat from a mooted decarbonisation target.
-
Pension fund manager snaps up £40m solar bond
22 November 2012Pension Insurance Corporation (PIC) has bought the first ever UK publicly-listed solar finance bond, investing £40 million ($64 million) as the sole buyer in a bond issued by Solar Power Generation.
-
BP's ESG recovery could take years - analysts
22 November 2012BP's $4.5 billion Deepwater Horizon settlement with the federal government marked an important step towards repairing its reputation, but analysts warn it could take several years to regain its status as a leading socially responsible investment (SRI).
- Comment: Please stop talking about David Attenborough
- The dark side of AI investment
- We don't need a 'Just Transition' bond label
- Attractive valuations demonstrate appeal of transition finance, Schroders says
- If insurance fails from climate risk, then the rest of finance will follow, says Aviva
- Lloyds launches UK food and nature resilience fund
- Exclusive: Combined climate and nature value-at-risk tool launched
- Erlandsson: Transition-linked bonds more impactful than use-of-proceeds equivalent
- The emerging concept of 'nature transition'
- TFFF organisers not yet focused on private backing