News

  • Support doubles for CDP Carbon Action initiative

    21 February 2012

    Ninety-two banks and investors have put their names to a call to 415 companies to manage and reduce their greenhouse gas (GHG) emissions.

  • Environment Bank launches trading platform for biodiversity offsets

    21 February 2012

    The UK's Environment Bank has teamed up with Mission Markets to set up a trading platform for biodiversity credits – and says that the first trade could be weeks away.

  • Drax burns more biomass, but abandons dedicated plant

    21 February 2012

    Drax, the UK's largest coal-fired power generator, has cancelled plans for a dedicated biomass power station because of uncertainty in proposed subsidies and its inland location.

  • IDB lends $100m to Itaú for climate projects

    21 February 2012

    The Inter-American Development Bank (IDB) is lending $100 million to Brazilian bank Itaú BBA to help finance "environmentally friendly" projects in Latin America.

  • UK's clean-tech venture fund commits £60m to six funds

    20 February 2012

    A clean-technology venture capital fund backed by the UK government has committed almost half its reserves to six funds, and is in negotiations for a seventh fund investment and a direct investment in a UK company.

  • Sonoma flouts federal agency to run PACE programme

    17 February 2012

    Sonoma County has defied federal regulators and continues to operate its municipal bond programme to pay for residential renewable energy and efficiency projects.

  • Battle to retain PACE moves to public debate

    17 February 2012

    Investors and other stakeholders should urgently lobby US federal regulators to allow municipal bond programmes for residential renewable energy and efficiency retrofits to move ahead.

  • Green Deal Finance Co eyeing billions in green bonds

    17 February 2012

    The company set up to facilitate a major UK energy efficiency programme has drawn up plans for a multi-billion pound green bond programme.

  • EIB climate action lending dips to €18bn, but percentage rises

    16 February 2012

    The European Investment Bank (EIB) lent €18 billion ($24 billion) for "climate action" in 2011 – down from €20.5 billion in 2010, but up as a percentage of the bank's total lending.

  • Insurers eye weather risks for renewables

    16 February 2012

    Insurers are expecting business from renewable energy projects to grow, notably in protecting them against a lack of natural resources, according to brokerage firm Marsh.