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US businesses with $1.4trn in revenue commit to Paris
07 June 2017More than 900 US businesses and investors representing $1.4 trillion in annual revenue, along with 125 cities, 9 states and 183 educational institutions have signed a letter, committing to remain faithful to the Paris Climate Agreement.
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Allianz Global Investors backs US solar project
06 June 2017Allianz Global Investors (AllianzGI) has agreed to provide a 'back-leverage' loan to the 250MW Moapa solar energy facility in Nevada. The size of the loan has not been disclosed.
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EU carbon market weekly update - 5 June 2017
05 June 2017The EUA market faces resistance around €5.20, but a close above that level could put €5.50 in sight, says Louis Redshaw
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Macquarie adds to renewables portfolio with another acquisition
05 June 2017Macquarie Capital has further boosted its presence in the renewable energy sector with the acquisition of RES Japan, for an undisclosed sum.
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Future World Fund to start expelling poor performers by March
05 June 2017Companies that don't show positive engagement on climate-related issues will start to be expelled from Legal & General Investment Management's (LGIM) Future World Fund from March.
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UK's low-carbon economy 'could grow to 13% of GDP'
05 June 2017The low-carbon economy could grow to account for as much as 13% of the UK's gross domestic product (GDP) in the next thirty years, up from 2% today, according to a letter from Aldersgate Group, representing some of the country's business leaders.
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Asset owners and investors call for more Mexican green bonds
05 June 2017A group of 57 leading asset owners and fund managers in Mexico have called on the government to take action to develop the local green bond market.
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Time the green bond market grew up
05 June 2017The exclusion of Repsol's bond from the main green bond indexes highlights that a lack of a clear definition of what is green is hindering the market, argues Keith Mullin.
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People Moves: PGGM, SASB, Hudson, RenewableUK
02 June 2017Dutch pension fund and asset manager PGGM's CEO Else Bos has resigned and will leave the company on 1 November 2017.
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Comment: Trump and Paris - who will have the last laugh?
02 June 2017As he announced that the US was to pull out of the Paris Climate Accord, President Donald Trump claimed that the rest of the world was laughing at the US for signing the agreement, and they won't be laughing any longer.