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Clean-tech fund slashes target after raising more than $650m
22 August 2013A US clean-tech fund formed in partnership with George Soros has raised $653 million, according to a recent filing which also confirmed reports that the fund's target has been lowered by $500 million.
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California carbon allowances for 2016 sell out for the first time
22 August 2013California's latest auction of 2016 carbon allowances has for the first time been oversubscribed, in a sign of confidence in the future of the state's carbon trading system.
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Floods leave insurers with $8bn of claims in H1
22 August 2013This calendar year is already the second most expensive on record in terms of insured losses caused by floods, a report has claimed, after an estimated $8 billion of claims in the first-half.
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Vestas replaces CEO as losses widen
21 August 2013Wind turbine maker Vestas has replaced its CEO after its losses grew in the second quarter, but analysts say the struggling company has turned a corner.
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South African green retail bond raises R4bn
20 August 2013A retail bond that helps finance South Africa's ambitious renewable energy drive has raised R4 billion ($394 million).
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UK commissions research into renewables policy risk
20 August 2013The UK government is to commission a study into how best to combat the policy risk that suppresses investment in renewable energy, Environmental Finance has learned.
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Turning trash into cash
19 August 2013Investment in waste-to-energy projects has been stifled by perceived risks. But there are signs that the maturing sector is starting to become increasingly attractive. Elza Holmstedt Pell reports
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'Unique' agro-forestry fund reaches €50m first close
19 August 2013A pioneering agro-forestry fund has reached first close after raising more than €50 million ($66.6 million).
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Impact investing 'to go mainstream in 10 years'
16 August 2013Impact investing is set to grow rapidly and could be a mainstream investment practice in the UK in ten years' time, a group of experts have argued.
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Gifford to step down as head of the PRI
16 August 2013James Gifford, founding head of the UN-supported Principles for Responsible Investment, is to step down at the end of November.