-
Sustainable banking goes commercial
01 June 2007A year after the launch of the IFC's Performance Standards, banks are rising to the challenge they set, says Rachel Kyte
-
Investing responsibly
01 June 2007One year after their launch, the UN Principles for Responsible Investment are now backed by investors managing $8 trillion. Rory Sullivan and Rachel Crossley consider how they are working in practice
-
Solar flair
01 June 2007Marcel Brenninkmeijer's early backing of tomorrow's solar giants has reaped vast rewards. Christopher Cundy asks him what's over the horizon
-
Following the money
01 June 2007Sustainability pledges – in both cash and commitments – are proliferating across the banking sector. But what does sustainability mean in practice? Jess McCabe reports
-
Not waiting for the kick-off
01 June 2007The timing and nature of federal climate legislation may be exercising Capitol Hill but, on Wall Street, the jockeying for position in the US carbon market is well under way. Trevor Curwin reports
-
Bush proposes new climate talks
01 June 2007US President George Bush has called on the world's major economies to work together to establish a long-term target by the end of 2008 for reducing greenhouse gas (GHG) emissions. Environmental NGOs reacted with scepticism.
-
Senate bill targets efficiency, biofuels, CO2 capture
01 June 2007The US Senate majority leader has introduced legislation consolidating bills on energy efficiency, biofuels and carbon capture, and may add a national renewables mandate.
-
AIG launches altenergy division
01 June 2007US insurer AIG has formed a new practice for its clients in the renewable energy sector. The AIG Global Alternative Energy Practice will focus on insurance, risk management and loss control services for US-based clients in the biofuels, hydroelectric, geothermal, solar and wind industries.
-
Traders' exits hit weather trading
01 June 2007After dramatic growth in 2006, the market for weather derivatives has caught a cold, according to the annual survey by the Weather Risk Management Association (WRMA).
-
Citi, HSBC pledge big sums on climate change
01 June 2007Two of the world's largest banking groups have pledged enormous sums to the fight against climate change – but have taken different approaches to the issue.