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Insurers face claims of $1bn from storms in Germany and Texas
16 July 2014German insurers could face a hit of about €650 million ($887 million) as a result of claims from June's Ela storm, according to industry estimates.
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WTO boost to Chinese solar stocks to prove 'temporary'
16 July 2014A surge in Chinese solar stocks following Monday's ruling by the World Trade Organisation (WTO) that US import taxes on their products broke global trade rules will soon be reversed, it was claimed today.
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Could bonds save rhinos?
16 July 2014An impact investment bond to protect the rhinoceros against poachers is being planned by the Zoological Society of London (ZSL).
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EDF and Microsoft invest in 175MW wind farm [UPDATED]
15 July 2014EDF Renewable Energy has taken a 96% stake in a wind project in the US, for an undisclosed sum.
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KfW makes debut in green bond market with record €1.5bn issue
15 July 2014German development bank KfW has issued its first green bond – a €1.5 billion ($2.0 billion) offering which it claims is the largest ever single issue.
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Increasing evidence that environmental risks are 'material'
15 July 2014Evidence is mounting that environmental risks are becoming material to business and the economy as a whole, a report commissioned by the UN Environment Programme has warned.
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Financial Dynamics of the Environment: Risks, Impacts, and Barriers to Resilience
This working paper attempts to summarise the underlying logic for why the financial sector should care about the state of the environment and environment-related risks, review the main structural barriers that could prevent the financial system from managing such issues, and identify the main researchers and organisations undertaking work on these topics internationally.
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How Zurich will double its commitment to green bonds
15 July 2014As part of plans to invest an additional $1 billion in green bonds, Zurich has adopted a new management strategy. Manuel Lewin tells Sophie Robinson-Tillett.
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Clean energy investment jumps in second quarter
15 July 2014Investment in clean energy in the second quarter of this year was the highest for any quarter since April–June 2012, according to Bloomberg New Energy Finance (BNEF).
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BlackRock raising UK renewables fund, eyes offshore wind
15 July 2014BlackRock is raising "hundreds of millions of pounds" for a UK renewables strategy, which could see the asset manager invest for the first time in offshore wind.