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Climate change worsens natural catastrophe rate – Munich Re
01 February 2010Losses from natural catastrophes were dramatically lower in 2009 than the previous year, owing mainly to a benign North American hurricane season, according to Munich Re.
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German ministers reach consensus on solar tariff cuts
01 February 2010Key German government ministers have agreed to make double-digit cuts to solar feed-in tariffs (FITs), to the dismay of the German solar industry.
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Japanese investors tapped for green bonds
01 February 2010Nikko Asset Management is to launch a fund this month offering Japanese retail investors exposure to 'green' bonds issued by the World Bank.
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Australian real estate funds lead green rankings
01 February 2010Australian property firms and funds top a new index measuring green policies and implementation, released last month.
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US sulphur emissions continue their fall
01 February 2010US sulphur dioxide (SO2) emissions have continued their sharp decline, according to the US Environmental Protection Agency (EPA).
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Carbon markets lobby group appoints new director
01 February 2010The Carbon Markets & Investors Association (CMIA) has appointed Miles Austin as its new director, effective on 1 February.
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Analysts predict upwards path for carbon in 2010
01 February 2010Carbon prices in the EU Emissions Trading Sch eme (ETS) could rise as high as €20 ($29) a tonne of carbon dioxide (t CO2) equivalent later this year, as analysts predict no return to the heavy selling of EU allowances (EUAs) by industrial emitters seen last year.
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Funds digest
01 February 2010DB and Masdar clean-tech fund raises $265m; Proark closes European renewables fund at €101m; ATP to launch €1bn climate fund; Alstom and Schneider collaborate on €70m VC fund; Banks seed European energy efficiency fund with €95m; ECP makes first close on renewables fund
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People moves
01 February 2010Earth Capital Partners (ECP) has hired a threestrong team to advise on agriculture, forestry and biodiversity investments, with a particular focus on investing in Latin America.
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An uncertain course
01 February 2010Last year could have been so much worse in the voluntary carbon market, with trading underpinned by the prospect of climate legislation in the US, and persistent buying by committed corporate offsetters. However, the market faces an uncertain 2010. Gloria Gonzalez reports