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Asian Development Bank to double climate funding to $6bn
25 September 2015The Asian Development Bank (ADB) will double its annual climate financing to $6 billion in the next five years, and issue more green bonds, it has said.
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AGF mutual fund becomes first in Canada to disclose environmental footprint
25 September 2015Asset manager AGF Investments claims it will become the first firm in Canada to disclose the environmental footprint of a mutual fund.
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China to roll out carbon-trading system in 2017
25 September 2015China is expected to announce today that it will push back the launch of its long-awaited national emissions trading system (ETS) to 2017.
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ReneSola agrees $20m share buy-back in bid to rescue plummeting stock
25 September 2015Chinese solar firm ReneSola has agreed to buy back $20 million of stock over the next year, as its share price slips below $1.
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Drax halts further investment in £1bn carbon capture project after subsidy cuts
25 September 2015Drax Group, which owns the UK's largest power station is halting further spending on its £1 billion ($1.53 billion) carbon capture storage (CCS) project, blaming the country's "drastically different" investment landscape for renewable energy.
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Refinancing becoming easier for European renewable assets, says Moody's
24 September 2015Refinancing in the European renewable energy sector is becoming easier, as demand for infrastructure debt increases and operating histories improve, according to a report by Moody's.
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Enel Green Power enters Asian renewables market with €30m deal
24 September 2015Italy's Enel Green Power (EGP) has made its first move into Asia, acquiring interest in an Indian renewables firm.
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NESF raises £39m out of a possible £98m in share placement
24 September 2015NextEnergy Solar Fund (NESF) has raised £38.8 million ($59.2 million) out of a possible £98.4 million in its latest share placement.
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Volkswagen's environmental rating from Vigeo plummets 90%
24 September 2015Car giant Volkswagen has seen its first sustainability-rating downgrade since it hit the headlines last week for cheating emissions tests.
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People moves
24 September 2015A round-up of the latest new appointments and moves in the industry, including changes at HSBC, CDP, RobecoSAM, Impax, MSCI and the World Bank.