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CalCEF, Metrus, seek $10m for novel efficiency fund
13 March 2013Metrus Energy and CalCEF are hoping to raise $10 million this year into a fund to finance energy efficiency refrofits, in a bid to tap what they say is a $15 billion/year opportunity in the US.
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Green Deal Finance Company closes £244m of finance
13 March 2013The company charged with financing the UK's Green Deal programme has raised £244 million ($365 million) in financing, sufficient to cover at least the first year of its operations.
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DEG doubles climate finance
13 March 2013German development finance institution DEG provided €384 million ($500 million) in "climate friendly" investments in 2012 – almost double the previous year's figure.
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China to 'pull plug' on small solar manufacturers
12 March 2013China's government will pull the plug on financial support for some of the country's smaller solar companies, but is likely to maintain substantial subsidies for its biggest manufacturers, it has been claimed.
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IRENA plans impact study of large-scale use of renewables
12 March 2013The International Renewable Energy Agency (IRENA) is seeking consultants to undertake a study of the potential negative environmental impacts arising from large-scale deployment of renewable energy technologies.
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EDITORIAL: Clean-tech reinvented
12 March 2013Pity the poor environmental investor. The benchmark global clean energy index stands at barely one quarter of its 2007 peak. Europe's carbon market is in the doldrums.
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People moves this month
12 March 2013Comings and goings in Environmental Finance this month
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PEP talk
12 March 2013Bruce Usher, chairman of E+Co's successor, Persistent Energy Partners, talks carbon, clean energy and investment with Katie Kouchakji
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Investors' role in climate action seen increasing – HSBC
11 March 2013Climate change "will start to climb back up the business and political agenda this year", and the capital markets will play a critical role in preventing global warming exceeding 2C, HSBC analysts say.
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Mitsubishi among victims of FTSE4Good review
11 March 2013Mitsubishi Corporation is among four companies dropped from the FTSE4Good index family, while 20 new firms have been added to the environmental, social and governance (ESG)-focused indexes.