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Triodos scoops up sustainable bank of year award
11 June 2009Triodos Bank was last week named sustainable bank of the year, the first time a specialist ethical bank has won the annual award given out by the International Finance Corporation (IFC) and the Financial Times. Standard Chartered was named runner up.
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Xstrata reports emissions increase in 2008
11 June 2009Greenhouse gas emissions by Xstrata, the coal and metals mining giant, rose 7% in 2008 while the carbon intensity of its operations rose by 8%, but the company remains on track to meet its 2010 target for emissions intensity.
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Cox to retire as head of BP's alternatives
11 June 2009BP's head of alternative energy, Vivienne Cox, is to retire from the company after four years of leading the division.
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Greens gain, but centre-right dominates, in EU elections
11 June 2009The European Greens have heralded their increase in seats in last week's European Parliament elections, but with the centre-right parties as the dominant players, it looks unlikely that Europe's politicians will emerge with a stronger line on climate change in time for the UN's Copenhagen summit on climate change in December.
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Public sector must lead way on climate finance – China
11 June 2009Governments from developed countries must lead the way on finance for climate change adaptation, mitigation and technology transfer, said a negotiator for China today at UN climate talks.
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Airlines promise cap on emissions from 2020
11 June 2009Airlines have committed to a global cap on their carbon emissions in 2020, the International Air Transport Association (IATA) announced on Monday, but environmentalists slammed the group's lack of ambition.
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Investors warned on biodiversity risk in key sectors
11 June 2009Investors have been warned of the "critical risks" to key sectors from biodiversity and ecosystem loss, in a report by the European Sustainable Investment Forum (Eurosif) and sustainable ratings agency Oekom Research.
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IFC lends Tanzania wood and energy project $18m
10 June 2009The International Finance Corporation (IFC), part of the World Bank, is to lend Norwegian bioenergy and forestry firm Green Resources $18m for a $64.3m project in Tanzania to plant 8,000 hectares of forest for wood and energy.
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Galileo Weather in management buy-out
04 June 2009Galileo Weather Risk Management Advisors has been bought by its founders for an undisclosed sum and has linked up with a soon-to-be-named insurance company that will provide counterparty credit.
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HSBC's sustainability efforts hit by financial crisis
04 June 2009HSBC made mixed progress on its sustainability goals in 2008, according to its sustainability report published last week.