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EU climate dithering risks lost decade of investment
13 May 2013The EU must resolve "conflicting and contradictory" signals on climate policy to avoid a "lost decade" of investment in its power sector, European electricity association Eurelectric warned in a new report.
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South African renewables projects worth $3.1bn reach financial close
13 May 2013The South African government's renewable energy programme has seen projects worth a total of $3.1 billion reach financial close, in the initiative's second financing round.
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Geothermal fights back
13 May 2013The geothermal sector suffered a big fall in financing last year, but a host of initiatives spearheaded by development banks are aiming to open investors' eyes to the technology's potential, especially in emerging markets. Gloria Gonzalez reports
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UN calls for more climate finance as emissions reach new levels
13 May 2013The UN's climate chief has called for an increase in climate finance as the concentration of carbon dioxide (CO2) in the world's atmosphere passes a key threshold.
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UK Green Investment Bank appoints general counsel
13 May 2013The UK's Green Investment Bank (GIB) has appointed Euan McVicar, currently a partner at law firm Pinsent Masons, as its general counsel.
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BioAmber completes $80m IPO after slashing offer price
10 May 2013Biochemicals company BioAmber sold eight million shares to the public today in a listing described by one analyst as 'a huge victory' for the industry.
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New and improved PRI framework released
09 May 2013The UN-supported Principles for Responsible Investment (PRI) initiative has published a new reporting framework, after amending the proposals in response to concerns that the process would be too time consuming for signatories.
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Waste conversion projects struggle to attract finance as banks shy away
09 May 2013Developers of advanced waste conversion plants are struggling to secure project finance from banks as the projects are perceived as too risky, a conference heard.
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First green bond verified using industry standards
09 May 2013An environmental bond has for the first time been certified using a set of standards supported by investor-focused NGO the Climate Bonds Initiative (CBI).
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UK's Green Investment Bank catalyses £2.3bn of investment
09 May 2013The UK's Green Investment Bank (GIB) has mobilised £2.3 billion ($3.6 billion) of capital in its first five months of operation, with every £1 it invested being matched by almost £3 from the private sector, it said today.