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Aon Benfield offers index-based weather reinsurance
23 January 2013Aon Benfield has launched a novel reinsurance product, backed by Swiss Re, which offers protection against adverse weather losses in the UK.
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One third increase in climate funding would 'close green investment gap' – WEF
23 January 2013A one-third increase in public sector climate change funding, to $130 billion a year, would be enough to leverage sufficient private finance to address climate change, according to the World Economic Forum (WEF).
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The green investment banker
22 January 2013Shaun Kingsbury has taken the helm of the UK's new Green Investment Bank, and, with it, the challenge of delivering both financial returns and a 'green bottom line'. He talks to Mark Nicholls
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Energy costs threaten economic growth - Tullett
22 January 2013A rapid decline in the profitability of energy production threatens to bring economic growth to a halt within a decade, an analyst at Tullett Prebon has warned.
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Europe's climate policy in crisis
22 January 2013Pressure is mounting on EU politicians, charged with rescuing the flagship emissions trading scheme and initiating a wider overhaul of the climate and energy strategy in 2013. But can they deliver? Sonja van Renssen reports
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Coal industry welcomes international mercury pact
22 January 2013The coal industry won a reprieve from the more stringent proposals on the table for the global mercury agreement that was struck at the weekend, with its global industry body welcoming "a realistic approach" to emissions of the heavy metal.
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US should adopt clean energy standard – Pew
22 January 2013The US has been urged to adopt a clean energy standard (CES) amid warnings that its competitive position in the fast-growing global clean energy market is at risk.
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BNP spins off clean energy fund
21 January 2013BNP Paribas has agreed the spin-out of BNP Paribas Clean Energy Partners – the manager of a €437 million ($582 million) clean energy fund – which has rebranded as Glennmont Partners and is mulling a new fund.
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Actuaries would "face ridicule" in considering climate change
21 January 2013Resource constraints and environmental damage could trigger a drastic decline in the global economy, but actuaries say they lack the expertise and data to model them – and would encounter ridicule from their CEOs for even considering it.
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US trade body rules on wind tower penalties
18 January 2013The US International Trade Commission (ITC) has signed off penalties on wind turbine tower imports from China and Vietnam.