News

• Risk management at a premium for Arctic gold rush – Verdantix

  27 September 2012

  Global warming and supportive government policies will drive a natural-resources "investment boom" in the Arctic, according to sustainability consultancy Verdantix – but it warns that an environmental disaster in the region would "crush a corporation".

• UK Green Investment Bank CEO named

  27 September 2012

  Private equity financier Shaun Kingsbury has been named as the chief executive officer of the UK Green Investment Bank (GIB).

• Climate investor groups slammed for lack of cooperation

  26 September 2012

  The organiser of an initiative to get asset owners to disclose climate risks has blasted three investor groups that have declined to collaborate with it.

• Mounting weather impacts prompt Swiss Re call for climate debate

  26 September 2012

  Swiss Re is calling for a 'rational debate' in the US on tackling climate change, as worsening storms, floods and droughts will cost the economy dearly.

• EU solar industry group files second complaint on China

  26 September 2012

  An EU solar manufacturing group has filed a complaint with the European Commission alleging that China is unfairly subsidising its solar manufacturers.

• Alstom acquires tidal turbine maker

  25 September 2012

  Power engineering giant Alstom has bought a UK firm specialising in tidal power turbines.

• Soft commodities investors face 'quagmire' of environmental risks – WWF

  25 September 2012

  Investors face "a quagmire of material, reputational, and systemic risks" when investing in soft commodities, according to conservation group WWF, which has released a guide to investing in 10 major soft commodities sectors.

• Impax makes North America push with NYC office

  24 September 2012

  Impax Asset Management has opened a New York office and appointed David Richardson in the newly-created role of head of institutional sales and client service for North America.

• UK Green Investment Bank may struggle to invest initial £3bn – UKGI

  24 September 2012

  The £3 billion ($5 billion) allocated to the UK's Green Investment Bank (GIB) by government is likely to be adequate for its first few years of operation, according to one of the officials running its precursor.

• Insurers' climate losses predicted to climb – Ceres

  21 September 2012

  Climate change-related losses will likely continue to mount for the insurance sector, but many insurers remain unprepared to mitigate the risks of unpredictable and extreme weather events, according to a new report.