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EBRD dips toe into green bond market
09 December 2010The European Bank for Reconstruction and Development (EBRD) has become the latest multilateral bank to issue a 'green' bond – but at a more modest size than its peers.
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World Bank eyes $100m for carbon market development fund
09 December 2010The World Bank has launched a $100 million facility to help developing countries such as Mexico, Indonesia, China and Chile scale-up carbon market mechanisms.
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BNP Paribas brings new investors into renewables sector
07 December 2010Around half of investors in BNP Paribas' Clean Energy Fund – which closed this week at €427 million ($568 million) – are making their first investments in renewables, according to the head of the French bank's clean energy investing arm.
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UK advisers propose 60% carbon cuts by 2030, radical electricity market reform
07 December 2010The UK must shrink its carbon footprint 60% by 2030 from 1990 levels, an influential committee has recommended, in one of the first attempts to set emissions target for this staging post on the way to 2050.
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US edges towards first wind farms in the Atlantic
02 December 2010The US Atlantic states are making progress toward building the country's first offshore wind projects, but several barriers need to be addressed to propel the sector, according to an NGO report.
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Europe set for 60% low-carbon electricity by 2030
02 December 2010Low-carbon power sources should account for around 60% of European electricity production by 2030, says the industry association Eurelectric.
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'Misperception of risk' hobbling energy efficiency investment – IEA
02 December 2010Private sector investors perceive higher levels of risk in energy efficiency projects than is actually the case, according the International Energy Agency (IEA), which is proposing a number of measures governments can take to bridge this perception gap.
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Europe's VCs call for clean-tech policy support
02 December 2010Europe's "historical leadership" in environmental technologies is under threat, according to a venture capital and private equity association, which is calling for a range of public policy initiatives in response.
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2010: deadly and expensive
02 December 2010Catastrophes such as earthquakes and the explosion of BP's oil rig in the Gulf of Mexico caused $222 billion of damage in 2010, more than triple the losses suffered in 2009.
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Developing countries could become uninsurable - report
02 December 2010Insurance companies must do more to act on climate change or risk developing countries becoming uninsurable, says UK-based environmental think tank Forum for the Future.