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Practical action needed to build climate deal consensus – Zoellick
03 June 2010World Bank president Robert Zoellick said today that practical, on-the-ground actions in developing countries, on issues such as energy efficiency and avoided deforestation, will be key to to building a consensus for a global climate change deal.
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Weather markets vet joins Vyapar
03 June 2010Lynda Clemmons, a veteran of the weather risk management markets, has taken up a full time role at New York-based brokerage firm Vyapar Capital Market Partners.
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UK set to badly miss domestic, EU renewables targets
27 May 2010Around 6% of UK energy demand will be met using renewables by 2020, falling far short of the country's legally binding EU target of 15%, according to a forecast by Cambridge Econometrics.
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Global firms to ramp up climate spending
27 May 2010Seventy percent of global executives plan to increase investment in climate initiatives over the next two years, according to an Ernst & Young survey.
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National Grid earmarks £22bn for clean energy infrastructure
27 May 2010National Grid, one of the largest investor-owned utilities in the world, is planning a major increase in capital expenditure over the next five years to enable it to deal with a sharp rise in low-carbon energy sources.
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Bank financing of nuclear power exposed on NGO site
27 May 2010Banks are coming under pressure for financing the nuclear power sector, with a group of NGOs launching a website which names the top 10 "nuclear banks".
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Investors, forest peoples in talks over forest finance
27 May 2010Investors met with forest-dependent peoples in London this week, for "non-confrontational" discussions around controversial forest financing plans.
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CDM investments plummet 59% – World Bank
27 May 2010Investment in Clean Development Mechanism (CDM) projects fell 59% last year, said the World Bank yesterday.
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Companies ignoring biodiversity risk, finds PwC
27 May 2010Only six of the world's 100 largest companies are acting to minimise their impact on biodiversity, according to analysis by consultancy PricewaterhouseCoopers (PwC).
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Environmental insurers see silver lining from Gulf spill
27 May 2010The Gulf of Mexico oil disaster is projected to be a sizeable insurance event, but could also be the largest non-insured business interruption loss in US history, one insurer has predicted, potentially leading to a surge of new environmental insurance purchases to plug coverage gaps.