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UK GIB approved amid calls for full borrowing powers
17 October 2012The UK's Green Investment Bank (GIB) has been given the nod by EU regulators to start lending to low-carbon projects, as calls mount for the bank to be cleared to borrow from capital markets.
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OPIC environmental lending hits record $1.6bn, up 41%
17 October 2012The Overseas Private Investment Corporation (OPIC) committed more than $1.55 billion to the "renewable resources" sector in the 2012 fiscal year, up 41% on the previous year.
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Global Canopy aims to catalyse forest finance
17 October 2012A guide to help simulate additional finance for forest-friendly development has been launched at the UN Convention on Biological Diversity in Hyderabad, India.
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New funds, ESG integration on the agenda for Alliance Trust
17 October 2012Alliance Trust's newly-arrived sustainable and responsible investment (SRI) team is considering new fund launches, and has been charged with turning the fund manager into a responsible investment leader, according to its head.
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Biofuels row gathers pace over job loss claims
16 October 2012An environmental lobby group has sparked a row with the biofuels industry after it rubbished claims that new EU rules set to be unveiled Wednesday will trigger thousands of job losses.
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Asian investors get climate finance boost
16 October 2012A new initiative to improve the investment environment for climate finance in Asia is to be launched next month.
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Camco rebrands as it ramps up clean energy focus
16 October 2012London-listed project developer Camco International has renamed itself Camco Clean Energy, as the firm moves to distance itself from its roots as a pure carbon play.
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Voting open in 13th Environmental Finance rankings
15 October 2012Voting has opened in the annual Environmental Finance and Carbon Finance market rankings – the largest and most closely watched survey of the world's environmental markets.
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CDM market 'not on the verge of collapse' – Figueres
15 October 2012UN climate chief Christiana Figueres denied the carbon market created by the Kyoto Protocol's Clean Development Mechanism (CDM) was in danger of collapse – but admitted its problems are unlikely to be resolved in Doha next month.
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Solyndra sues Chinese rivals for $1.5bn
15 October 2012Solyndra is seeking $1.5 billion in compensation from three Chinese solar firms it says "entered into a conspiracy" to monopolise the US solar panel market.