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Europe's sustainable property funds have great potential, says Catella
24 July 2017Real estate funds with a sustainability focus currently hold only €2.73 billion ($3.18 billion) of the €11 trillion allocated to sustainable investments in Europe, but have "considerable untapped potential", according to Swedish asset manager Catella.
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RobecoSAM urges investors to review electric utility sector
24 July 2017Electric utilities "are no longer the safe, defensive investment instruments of yesteryear," RobecoSAM has warned investors.
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EcoAct snaps up Carbon Clear
19 July 2017EcoAct, a Paris-based climate change advisory firm, has acquired Carbon Clear of the UK for an undisclosed sum.
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Investors and industry hail extension of California carbon market
19 July 2017A bipartisan vote to extend California's cap-and-trade carbon market to 2030 has been welcomed by a range of investors and industries.
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Spain's BBVA agrees green loan for Uruguay transmission project
18 July 2017Spanish bank BBVA has agreed to provide a $25 million 'green loan' to Italian energy company Terna to help it connect renewable energy projects in Uruguay to the national grid.
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EDF eyes impact bond for Louisiana wetlands project
17 July 2017Environmental Defense Fund (EDF), a US advocacy group, is working on the design of an 'environmental impact bond' (EIB) to finance a coastal wetlands restoration project in Louisiana.
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Experts call for reform of financial regulation to promote sustainability
14 July 2017Regulations governing banks, insurers and asset managers should be reformed "to facilitate green and sustainable investment", according to a group of experts appointed by the European Commission.
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Aviation and Brexit threaten EU emissions target, says think tank
12 July 2017Brexit and unregulated aviation emissions could cause the EU to fall short of its 2030 commitment to reduce carbon dioxide (CO2 ) emissions by 40% from 1990 levels, says climate change think-tank Futureproof.
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Banks pledge to help implement recommendations of TCFD
11 July 2017Eleven large banks have committed to develop practical ways of implementing the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
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Invenergy secures construction financing for 300MW Texas wind project
11 July 2017US clean energy company Invenergy has arranged construction financing for its 300MW Santa Rita wind farm in west Texas.