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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.
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UK's green investment bank to start lending next year
23 May 2011The UK's Green Investment Bank (GIB) will start lending in April next year, with a possible early emphasis on offshore wind, waste and energy efficiency, and with a legislative footing, Deputy Prime Minister Nick Clegg said today.
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SolarReserve bags $737m guarantee as programme runs out of cash
23 May 2011US developer SolarReserve has been awarded a $737 million loan guarantee from the US government for a 100MW concentrated solar power plant in Nevada.
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Toshiba to buy Landis+Gyr for $2.3bn
20 May 2011Smart metering company Landis+Gyr will be bought by electronics giant Toshiba in a $2.3 billion cash deal announced on Thursday.
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Gamesa launches €50 million corporate venture capital fund
20 May 2011Spanish wind energy giant Gamesa is to ring-fence €50 million ($71 million) for a corporate venture capital (VC) fund to invest in "new renewable technologies".
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Wind hedging product aims to ease financing
20 May 2011A weather risk tool has been launched to help ease the financial pressure facing wind project developers by allowing them to hedge wind variability risk.
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Nominations open for 2011 Environmental Finance awards
19 May 2011Environmental Finance and Carbon Finance are seeking nominations for this year's awards, including new categories for green bonds and sustainable forestry.
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2013: the tipping point for sustainability spending?
19 May 2011Spending by large businesses on sustainability initiatives such as energy efficiency and clean-tech innovation could double in the next two years, according to analysis firm Verdantix.
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EBRD launches third environmental bond
19 May 2011The European Bank for Reconstruction and Development (EBRD) has launched its third environmental sustainability bond, bringing its total issuance since December 2010 to €29 million ($41.4 million).