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$1.9trn energy subsidies hurting clean-tech investment - IMF
28 March 2013Governments around the world are spending $1.9 trillion a year in fuel subsidies, the International Monetary Fund (IMF) has calculated, a policy it blamed for driving up energy consumption and hurting clean energy investments.
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Investors, PE firms back new ESG disclosure framework
28 March 2013More than 40 leading investors have backed a new framework for the disclosure of environmental, social and governance (ESG) information by private equity funds, in an effort to bring the two sides of the industry together on the issue.
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HSBC identifies firms set to gain from rising climate ambitions
28 March 2013HSBC's climate change team has identified companies that it believes will benefit from an expected uptick in efforts to address the issue.
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F&C to launch report into water risk to power sector
28 March 2013Asset manager F&C Investments is to release its first ever report into water risk in the utilities sector, it has revealed.
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Suzlon issues $647 million wind bond
27 March 2013Indian wind turbine maker Suzlon has issued a $647 million bond backed by the State Bank of India (SBI), giving it "much needed head-room" to refinance its foreign currency debt.
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Companies falling short in sustainability actions – Oekom
27 March 2013Only one in six large, publicly-listed companies demonstrates "a good level of commitment to sustainable development", according to specialist rating agency Oekom Research.
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Asia's sustainability challenge
26 March 2013Asia's breakneck growth has often been at the expense of the environment and social cohesion. Reform of the region's financial services sector must be at the heart of efforts to make that growth genuinely sustainable, says Jessica Robinson
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Wind energy investors look east
26 March 2013Investor confidence in eastern European wind power projects has been hit by policy uncertainty, but there are still attractive opportunities in parts of the region, where wind power capacity is set to soar. Elza Holmstedt Pell reports
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EU ETS irrelevant to reducing emissions – survey
26 March 2013The EU Emissions Trading System (ETS) is increasingly irrelevant, according to a carbon market survey – but a majority of respondents believe the EU will agree to a short-term fix to the market this year.
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New institutions, laws needed to close China's $243bn climate finance gap – report
25 March 2013China should establish a green investment bank and a 'national climate fund' to close what is projected to be a $243 billion/year shortfall in climate finance by 2020, according to a report commissioned by the country's National Development and Reform Commission (NDRC).