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IFC to work with Vietnam central bank on environmental standards
22 August 2012The International Finance Corporation (IFC) will help Vietnam's central bank strengthen environmental and social loan standards in the country's banking system, it announced this week.
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Typhoon Haiku causes $230m insured losses
22 August 2012Typhoon Haiku, which hit China's Zhejiang province in July, is estimated to have caused ¥1.46 billion ($230 million) in insured losses as of mid-August, according to China Insurance Regulatory Commission.
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US court surprises with EPA pollution rule decision
21 August 2012A federal court has struck down the US Environmental Protection Agency's (EPA) Cross-State Air Pollution Rule (CSAPR), leaving the Clean Air Interstate Rule (CAIR) markets in place by default.
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Finding the finance
21 August 2012There is an enormous financial and environmental opportunity in reducing energy use and carbon emissions in our cities – but substantial challenges in bringing financiers and local governments together. Andy Gouldson, Rory Sullivan and Phil Webber chart a way forward
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OMV, Total, Hess top oil and gas sustainability ranking
21 August 2012OMV, Total and Hess have been named the best performing oil and gas companies in terms of sustainability by Oekom Research – but it warned that the sector is lagging on climate protection and emissions targets.
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Insurance threat to renewables transmission investment
21 August 2012Insurance providers need to rethink their reluctance to insure transmission lines, or risk throttling renewable energy development, according to broker Willis.
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Ex-Im, OPIC deny Indian solar distortion claims
21 August 2012The US Ex-Im Bank and the Overseas Private Investment Corporation (OPIC) have refuted allegations that they are distorting India's solar manufacturing sector.
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UK re-considers Severn barrage plan
20 August 2012Plans to build a massive electricity-generating tidal barrage across the UK's Severn estuary have been re-opened, following assurances that private investors – including sovereign wealth funds – will be able to bear the entire cost of the project.
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Allianz eyes renewables funds
20 August 2012German insurance giant Allianz is planning to launch closed-end investment funds focusing on renewable energy in the near future, its head of climate solutions has said.
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Three clean-tech crunch issues in US elections – HSBC
17 August 2012Analysts at HSBC Bank have identified three touchstone issues for the climate and clean-tech sector ahead of the US elections – and say the post-election introduction of a carbon tax is a "wild card" policy.