News

  • US insurers 'turning blind eye to climate change'

    21 October 2016

    Many US insurers are still turning a blind eye to climate change, with less than 20% attaining high scores for their climate risk reporting, a study has warned.

  • Deutsche Bank African renewables fund backed in $745m GCF funding round

    21 October 2016

    An African renewable energy fund managed by German lender Deutsche Bank has secured an $80 million anchor investment from the Green Climate Fund (GCF).

  • Brookfield and Appaloosa mull TerraForm swoop

    20 October 2016

    Brookfield Asset Management and Appaloosa Management have reiterated their interest in buying yieldco TerraForm Power (TERP), controlled by stricken renewables giant SunEdison.

  • KBN prices third green bond

    20 October 2016

    Norwegian public sector lender Kommunalbanken Norge (KBN) has priced a $500 million green bond, in its third foray into the market.

  • Earth Capital secures initial investment for sustainable technology fund

    19 October 2016

    Earth Capital Partners (ECP) said it has secured the first investments into a new sustainable technologies fund it is managing on behalf of the Nobel Sustainability Trust.

  • EF BRIEFS: Impax; CBL Markets; Urban development

    19 October 2016

    Impax Asset Management has completed the sale of a 107.7MW portfolio of wind farms in Finland to German insurer Allianz. The sale price was not disclosed.

  • Kommuninvest issues largest ever SEK green bond

    19 October 2016

    Swedish public sector lender Kommuninvest has priced the largest ever Swedish krona green bond, raising some SEK5 billion ($570 million).

  • Carbon trading could slash cost of meeting Paris targets, says World Bank

    18 October 2016

    International carbon trading could help countries meet their domestic emission reduction plans, which support the UN's Paris Agreement on climate change, the World Bank said.

  • CalSTRS seeks more ESG asset managers

    18 October 2016

    The California State Teachers' Retirement System (CalSTRS) has launched a major hunt for asset managers specialising in environmental, social and governance (ESG), as it looks to shake up the sustainability management of its equities portfolios.

  • EF Briefs: HFC deal; Moody's Green Bond Assessment

    17 October 2016

    UN hails HFC deal as 'biggest climate breakthrough since Paris'