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Insurance giant Allianz on 'inserting ESG into its DNA'
21 November 2017Allianz has divested from coal companies but has come under fire for continuing to insure the sector. Nick Roumpis reports
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EU carbon market weekly update - 20 November 2017
20 November 2017If the EU Allowance price remains above €7, despite bearish headwinds, then it is likely to re-test €8 as the lower auction volumes of December approach, says Louis Redshaw.
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COP23 makes progress but no draft text emerges
20 November 2017United Nations (UN) climate talks in Bonn over the past two weeks made modest progress towards writing a "rulebook" for how to achieve the Paris Agreement, but no draft negotiating text was finalised.
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Platina offloads UK wind farms to Gravis for £52m
20 November 2017Platina Energy Partners has concluded its second sale in less than a month, as it offloaded five wind farms to Gravis Capital Management.
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Iberdrola green hybrid tightens price by 43bps
20 November 2017Iberdrola's latest green bond tightened by 43 basis points amid "remarkable demand" from investors.
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SUSI energy storage fund signs "milestone" C$120m facility
20 November 2017SUSI Energy Storage Fund (SESF) has signed a financing facility of C$120 million ($93.9 million) with energy storage company NRStor C&I, marking a "major milestone" for the Canadian energy market.
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Trillion-dollar wealth fund to consider dropping oil and gas investment
20 November 2017Norway's $1 trillion sovereign wealth fund is to consider divesting its holdings in oil and gas because of the risk fossil fuels pose to its portfolio.
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Axa calls for TCFD to be made mandatory
20 November 2017Financial disclosures on climate risk should become mandatory – as they are in France, according to an executive from insurance giant Axa.
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L&G invests £300m in world's largest offshore wind farm
20 November 2017UK financial services group Legal & General (L&G) has agreed to provide £300 million ($395 million) of long-term acquisition debt to help Danish pension funds PKA and PFA buy 50% of UK offshore wind farm Walney Extension from Ørsted (formerly known as Dong Energy).
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'Incredible week' as green bond market breaks $100bn barrier
17 November 2017The green and social bond market saw a frenzy of activity this week, after a spate of issues that should propel the green bond market through the $100 billion barrier for the first time.