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Green policy can boost economic growth – OECD
26 May 2011Green policies needn't jeopardise economic growth, instead they can boost prosperity and create jobs, according to the OECD.
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Equator Principles need toughening up – report
26 May 2011The voluntary standards covering the environmental and social (E&S) impacts of project financing should be toughened and expanded, a key report on the future of the Equator Principles has recommended.
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EU urged to target 45% renewables by 2030
26 May 2011The European Renewable Energy Council (EREC) has called for the EU to set a legally binding renewable energy target of 45% by 2030, saying it is necessary to fight climate change and give investors long-term predictability.
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Nuclear meltdown and revolution boost renewables – E&Y
26 May 2011Japan's nuclear disaster and political unrest in the Middle East and North Africa have spurred momentum in the global renewables sector, but declining incentives and access to finance remain obstacles to growth, according to Ernst & Young.
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Can India find the finance?
25 May 2011Renewable energy is set to play a vital role in helping India meet its soaring demand for power – but can it attract the international finance needed? Joshua Speckman reports
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IFC and World Bank launch green bonds
24 May 2011The International Finance Corporation (IFC) has issued its third green bond, raising $135 million.
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Bioenergy sustainability indicators agreed by international body
24 May 2011Leading countries have agreed a set of sustainability indicators to inform the production and use of bioenergy, meeting repeated requests from the G8 for such guidelines.
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ADB seeds up to $700m of clean-tech venture funds
24 May 2011The Asian Development Bank (ADB) is to pump $60 million into three clean-tech venture capital funds focused on China and India.
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Can the Equator Principles tackle climate change?
24 May 2011The Equator Principles have transformed how the financial sector manages local environmental and social impacts – but can they transform its approach to climate risk? Jon Sohn and Kristen Miller consider the challenges
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OTC weather risk market grows 30% to $2.4bn
23 May 2011The value of the global weather risk market reached $11.8 billion in the last 12 months, with geographic expansion helping to boost the over-the counter (OTC) market nearly 30%, an industry survey has found.