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Clean-tech investors favoured energy efficiency in 2009
07 January 2010Clean technology investors ploughed money into the energy efficiency, transportation and power storage sectors in 2009, at the expense of more traditional renewable energy technologies such as solar and wind, according to end-of-year reports from two analysis firms.
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Experts split on significance of China's new green energy law
07 January 2010Renewable energy specialists in China have questioned the significance of a recent amendment to the country's 2006 Renewable Energy Law, saying it will have little, if any, effect on renewable energy companies on the ground.
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Political posturing rises as Copenhagen talks near end
17 December 2009Politicians are upping the rhetoric as the UN climate talks in Copenhagen approach their conclusion tomorrow, led by US Secretary of State Hillary Clinton, who today endorsed proposals for $100 billion a year of funding for climate change adaptation and mitigation in developing countries, by 2020.
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Cat bonds to beat 2008 issuance this year - Swiss Re
17 December 2009The value of catastrophe (cat) bonds sold this year is likely to top 2008's total, according to leading sponsor Swiss Re – a strong recovery for a market that stalled completely after the financial crisis.
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World Bank sets aside $750m for solar in North Africa, Middle East
17 December 2009Eleven concentrated solar projects in the Middle East and North Africa (MENA) are set to receive $750 million from the World Bank, which it said could help unlock a further $4.85 billion in financing from other sources.
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US promotes caps, and some trade, for fish stocks
17 December 2009A US government policy may encourage wider adoption of programmes to curtail overfishing, some of which will have trading mechanisms.
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Shareholders moving behind TEP, Leaf merger
17 December 2009Another listed carbon trader could be set to disappear, with investors representing a majority of shares in Trading Emissions Plc (TEP) and Leaf Clean Energy backing management plans for a merger.
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Impax unveils US distribution deal and new funds
17 December 2009UK-based environmental investor Impax Asset Management has announced a distribution agreement with Milwaukee-based Titanium Asset Management, and two funds aimed at the US market.
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Soros proposes $100bn climate fund
10 December 2009Billionaire financier George Soros has proposed that developed countries create a $100 billion climate fund, drawn down from existing currency reserves, to kick-start forestry and land-use projects in developing countries.
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ATP to launch €1bn climate fund
10 December 2009Denmark's largest pension fund, ATP, is setting up a €1 billion ($1.5 billion) fund to address climate change in emerging economies – and is inviting other institutional investors to join.