News

• Analysts predict upwards path for carbon in 2010

  01 February 2010

  Carbon prices in the EU Emissions Trading Sch eme (ETS) could rise as high as €20 ($29) a tonne of carbon dioxide (t CO2) equivalent later this year, as analysts predict no return to the heavy selling of EU allowances (EUAs) by industrial emitters seen last year.

• Funds digest

  01 February 2010

  DB and Masdar clean-tech fund raises $265m; Proark closes European renewables fund at €101m; ATP to launch €1bn climate fund; Alstom and Schneider collaborate on €70m VC fund; Banks seed European energy efficiency fund with €95m; ECP makes first close on renewables fund

• People moves

  01 February 2010

  Earth Capital Partners (ECP) has hired a threestrong team to advise on agriculture, forestry and biodiversity investments, with a particular focus on investing in Latin America.

• US adds record-breaking wind capacity in 2009

  28 January 2010

  Almost 10GW of wind energy capacity was added last year in the US, according to figures from the American Wind Energy Association (AWEA), breaking all records – and despite the global economic strife in 2009.

• Australian real estate funds, firms lead green rankings

  28 January 2010

  Most real estate funds and companies are not yet actively managing their environmental impacts, according to a report commissioned by three European institutional investors.

• Hermes makes first close on UK clean-tech fund

  28 January 2010

  The UK government's clean-tech private equity fund achieved its first close at £125 million ($202 million) on Tuesday.

• UK biofuel suppliers fall short of sustainability targets

  28 January 2010

  Several major suppliers of transport fuel in the UK failed to meet the sustainability criteria for biofuels in the first year of the government's pioneering Renewable Transport Fuel Obligation (RTFO).

• Nikko to launch green bond fund in Japan

  28 January 2010

  Nikko Asset Management (Nikko AM) has developed a fund for the Japanese retail market that will invest mainly in 'green' bonds issued by the World Bank.

• Earth Capital Partners hires sustainable ag, forestry team

  28 January 2010

  Earth Capital Partners (ECP) has hired a three-strong sustainable forestry and agriculture team, in advance of the launch of a suite of funds.

• Maplecroft launches US climate indexes

  28 January 2010

  Risk analysis firm Maplecroft has launched a family of indexes to track climate-related innovation and carbon management at some of the biggest companies in the US.