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IFC to issue $1bn/year in green bonds
22 April 2013The International Finance Corporation (IFC) is to issue at least $1 billion a year in green bonds, following its successful $1 billion issue earlier this year.
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Phaunos Timber Fund blames tough markets for widening losses
22 April 2013Phaunos Timber Fund – an investment company focusing on sustainable timber – saw its losses widen in 2012 after cutting the valuation of parts of its portfolio amid challenging market conditions.
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Samsung admits sourcing tin from 'devastated' island
22 April 2013Electronics giant Samsung has won NGO plaudits for admitting that tin used in some of its products originates from an area where mining has been accused of destroying tropical forests, killing coral and damaging local communities.
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Dealing with the data deluge
22 April 2013The rapid growth of online activity is sparking a similar rise in energy use. But which IT companies are making the biggest strides to reduce their energy efficiency and gain an advantage over their rivals? Mike Appleby investigates
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Senators revive bid for US energy efficiency law
19 April 2013Efforts to legislate an energy efficiency bill in the US have been renewed by two senators, who have launched a watered down version of a proposal introduced last year to attract wider Republican support.
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Stern: Climate action could see oil and gas companies' valuations drop 60%
19 April 2013The valuations of mining and oil and gas companies need to be rethought to account for the threat action on climate change poses to their business models, said Nick Stern yesterday.
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Mandatory ESG reporting to stock exchanges to take 'at least four years'
18 April 2013It is likely to be at least another four years before major stock exchanges make reporting environmental, social and governance (ESG) issues mandatory for companies, an analysis firm has claimed.
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Connecticut's green bank shows the way
18 April 2013A radical approach to attracting private capital for clean energy projects via a 'green bank' has been pioneered in Connecticut. As Gloria Gonzalez reports, it is attracting plaudits from far beyond the state line
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Figueres: Carbon markets will prevail despite backloading slump
18 April 2013The UN's climate chief has denied that the rejection of a quick fix to the EU Emissions Trading System (ETS) was a "death blow" to carbon markets, despite prices in the world's largest ETS plunging to a new record low yesterday.
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Finalised PTC rules welcome boost for US wind, geothermal
17 April 2013A key tax incentive for renewable energy in the US has cleared its final hurdle in a move expected to help boost the industry.