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AUM of PRI signatories rises by a third in a year
12 August 2015Assets under management by signatories of the Principles for Responsible Investment (PRI) grew by a third in the year ending 30 June to reach $59 trillion, said managing director Fiona Reynolds.
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Boralex secures C$64.4 million for Canadian wind
12 August 2015Canadian renewables firm Boralex has completed C$64.4 million ($49.5 million) of financing for a wind farm in the country.
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Natural catastrophes cause $33bn of losses in H1, says SwissRe
12 August 2015Natural catastrophes caused total economic losses of $33 billion in the first-half of 2015, although this was well below the $54 billion in the same period the previous year, according to Swiss Re's preliminary estimates.
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Standard Chartered pulls out of giant coal project in Australia
11 August 2015Standard Chartered has ceased its involvement with the controversial Carmichael coal mine in Australia, following a court ruling that overturned the Canberra government's approval of the project.
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German energy firm ups its stake in Juwi, with €70m equity injection
11 August 2015German renewable energy firm Juwi has sold €70 million ($77 million) of new shares to its majority owner, pushing its stake above 60%.
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Investing in a sustainable world
11 August 2015Matthew Kiernan argues that investors need to adopt a radical new approach in the face of global megatrends.
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EU carbon market weekly update - 10 August 2015
10 August 2015Further price strength above €8 is still the most likely development this week as auction volumes are unusually low, says Louis Redshaw.
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Pattern bags $205m to finance move into solar construction
10 August 2015US renewables company Pattern Development has secured $205 million to finance the construction of its first ever solar project.
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Rayonier eases interest burden of joint venture with Phaunos
10 August 2015Rayonier, a major US timberland investor, has agreed to inject about $160 million from an existing term loan facility to pay off the debts of the Matariki Forestry Group, its New Zealand joint venture with the Phaunos Timber Fund.
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City pension fund invests in GIB-backed renewables company
10 August 2015Greater Manchester Pension Fund has committed £10 million ($15 million) to a community renewable energy firm supported by the UK's Green Investment Bank (GIB).