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IMF staffers table $100bn/year climate finance plan
25 March 2010The International Monetary Fund (IMF) has published proposals for raising the $100 billion/year called for in the Copenhagen Accord to tackle climate change in developing countries – proposals it says could help forge an international climate change deal.
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Emissions market questions Carper's CAIR fix
25 March 2010A proposed legislative fix for the troubled US Clean Air Interstate Rule (CAIR) programme has good prospects, but may not be the best solution for the emissions trading markets, observers said.
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Climate Investment Funds to channel $40 billion to developing countries – World Bank
25 March 2010Around $40 billion could be mobilised for low-carbon growth in developing countries via the Climate Investment Funds (CIF), according to Katherine Sierra, vice-president for sustainable development at the World Bank.
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Climate opportunities, capital hurdles for water sector – HSBC
25 March 2010Growing water stress and increasing flood risk is driving investment into water utilities globally, according to a research note from HSBC – but capital constraints and regulatory barriers will slow growth, the bank says.
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UK budget sets out green bank plans, emissions trading changes
25 March 2010The UK government is to create a £2 billion ($3 billion) green investment bank, finance minister Alistair Darling said on Wednesday, one of a handful of measures in the 2010 budget aimed at moving the UK towards a low-carbon future.
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EPA climate rules will identify targets for litigation, lawyers warn
17 March 2010A more activist US Environmental Protection Agency (EPA), in trying to curb greenhouse gas (GHG) emissions, is creating regulatory risks for companies that could trigger disclosure obligations, legal experts warned this week.
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Renewables investment to breach $200bn in 2010?
17 March 2010New investment in clean energy is set to recover to at least $175 billion-200 billion this year, according to projections from Bloomberg New Energy Finance (BNEF).
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1.2GW of wave and tidal power for Scottish waters
17 March 2010Around 1.2GW of wave and tidal energy projects could be built in Scotland by 2020, as the UK's Crown Estate this week named the winners of leases to 10 sites in Pentland Firth and Orkney Waters.
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Waste collection and recycling market worth €300bn – report
17 March 2010The world market for waste, from collection to recycling, is worth about €300 billion ($410 billion) a year, according to a report commissioned by environmental services firm Veolia.
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Threadneedle targets £350m for low-carbon property fund
17 March 2010UK investment management firm Threadneedle has launched a fund that will invest in low-carbon commercial property in the UK, aiming to raise £350 million ($534 million) from institutional investors within three years.