-
Sweden ex-PM spearheads global reforestation effort
06 September 2011A former prime minister of Sweden has helped launch a global initiative to restore 150 million hectares of degraded and deforested land by 2020.
-
First trades complete in replacement SO2 and NOx market
05 September 2011The new sulphur dioxide (SO2) and nitrogen oxides (NOx) emissions markets started humming last week, with the first trades brokered under the replacement programme established by the US Environmental Protection Agency (EPA).
-
Insurers unprepared for climate risk
02 September 2011The vast majority of insurers are unprepared to handle climate risks even though they acknowledge the impact of climate change on extreme weather events, according to a report by investor coalition Ceres.
-
Belgian industry invests in nuclear, gas
01 September 2011Belgian energy company Electrabel has signed an agreement with a consortium of Belgian industrial energy users to invest in thermal and nuclear energy production capacity. The agreement should allow heavy users of energy to rely on their own electricity supply instead of buying more expensive energy from utility suppliers.
-
UN Green Climate Fund 'headed for failure' – Bloomberg
01 September 2011The Green Climate Fund (GCF), designed to channel $100 billion a year in climate-related investment to the developing world by 2020, is destined for failure, according to Bloomberg New Energy Finance (BNEF).
-
Stern, Wigley among UK Green Investment Bank advisors
01 September 2011UK Business Secretary Vince Cable announced on Wednesday the nine members of the panel set up to advise on the creation of the Green Investment Bank (GIB).
-
Union Capital Group snaps up LatAm-focused renewables firm
01 September 2011Investment management firm Union Capital Group (UCG) has acquired London-based renewable energy investment company Plane Tree Capital.
-
NextEra raises $935m for concentrated solar project
31 August 2011A NextEra Energy Resources subsidiary closed $935 million in financing for a 250MW solar project in California, with the help of the US Department of Energy's (DOE's) loan guarantee programme.
-
Insurers could face $6bn bill from Hurricane Irene
31 August 2011Hurricane Irene will be a costly natural disaster, with US insurance losses possibly as high as $6 billion, but will not be as dire an event for the insurance industry as originally expected, according to catastrophe modelling firms.
-
Climate Change Capital loses Ventus funds to Temporis
30 August 2011Climate Change Capital (CCC) has been replaced as manager of its two Ventus wind farm funds following a manager resignation, poor performance and a breach of internal controls.