News

  • Insurance industry takes two-track approach to forestry investment

    14 July 2016

    Big insurers want to avoid correlation with natural catastrophe liabilities while smaller players dodge political risk

  • AXA IM launches 'smart beta' ESG fund for European investors

    13 July 2016

    AXA Investment Managers (AXA IM) has launched a 'smart beta' fund that incorporates both positive and negative screening of companies on environmental, social and governance (ESG) criteria.

  • €600m African clean energy guarantee facility planned

    13 July 2016

    A €600 million ($650 million) facility to provide guarantees to investments in clean energy in Africa is being planned, Environmental Finance has learned.

  • Solar energy expected to attract $135bn/year to 2040

    12 July 2016

    Solar energy is likely to attract investment of $135 billion/year globally over the next 25 years, and will account for 43% of new power generating capacity between now and 2040, according to Bloomberg New Energy Finance (BNEF).

  • Brazilian paper company issues $500m green bond for forestry projects

    12 July 2016

    Suzano Papel e Celulose, one of Brazil's largest paper producers, has priced a $500 million green bond to fund a variety of potential projects associated with its production of eucalyptus pulp and paper.

  • EF BRIEFS: Alperia, Canadian Solar, NextEnergy

    11 July 2016

    Italian electricity utility Alperia has issued its first green bond, for a total of €225 million ($249 million). A further issue, of €150 million, is expected by the end of 2016, the company said.

  • EU carbon market weekly update - 11 July 2016

    11 July 2016

    A looming slowdown in the supply of EU Allowances in August could help offset bearish speculator sentiment this week, says Louis Redshaw.

  • BNG issues €1bn social bond to finance housing associations

    11 July 2016

    Bank Nederlandse Gemeenten (BNG), a Dutch public sector bank, has issued a €1 billion ($1.1 billion) bond to support the social housing sector in the Netherlands. It is believed to be the first social bond issued in line with the guidance on such issues in the recently revised Green Bond Principles.

  • Meehan steps down at GRI

    08 July 2016

    Michael Meehan has stepped down as CEO of Global Reporting Initiative (GRI), with immediate effect - just days ahead of the closing of a consultation period on its latest set of standards.

  • Baldinger leaves RobecoSAM to become UBS sustainability head

    08 July 2016

    Michael Baldinger is to step down as CEO of RobecoSAM, and will lead UBS's efforts to become a "leader" in the sustainable asset management space.