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EIB broadens environmental remit in new lending strategy
23 September 2015The European Investment Bank (EIB) will take environmental mitigation into account across all of its lending activities.
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Investors with $2.6trn of assets make divestment pledges
23 September 2015Investors with combined assets of $2.6 trillion have made pledges to divest from fossil fuels, according to a new report.
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Investor-led project to create energy productivity index
22 September 2015The California State Teachers' Retirement System (CalSTRS) has joined an investor-led initiative to launch what it believes to be the world's first "global energy productivity benchmark for listed industrial companies".
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Greater public sector support 'vital' to achieving $1trn green bond market
22 September 2015Public sector support is "vital" to help the green bond market scale up to $1 trillion by 2020, a figure that would help avoid catastrophic climate change, according to a report by the Climate Bonds Initiative (CBI).
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Dong Energy to divest oil and gas as it eyes IPO
22 September 2015Dong Energy has outlined plans for an initial public offering (IPO) in a radical overhaul of its business that will see it divest its oil and gas pipelines and put its exploration and production business under review.
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96% of ESG index tracking funds launched in 2015 track MSCI indexes
21 September 2015Almost all funds launched this year to track environmental, social and governance (ESG) indexes are using products created by MSCI, according to research from the firm.
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Barclays, GIB and John Laing invest £138m in UK biomass
21 September 2015Barclays, the UK Green Investment Bank (GIB) and infrastructure firm John Laing have teamed up on a £138 million ($214 million) deal for a combined heat and power (CHP) plant in the UK.
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African renewables fund reaches $200m target
21 September 2015The Berkeley Energy-managed African Renewable Energy Fund (AREF) has achieved its funding target of $200 million following an investment from the European Investment Bank (EIB).
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NRG spins off renewables into "Greenco" in restructuring
18 September 2015US energy developer NRG Energy is to spin off a separate renewable energy unit as part of a $1 billion restructuring plan.
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CLP issues first corporate bond in India
18 September 2015India's largest wind developer CLP Wind Farms has issued its first corporate green bond, with a INR6 billion ($91.2 million) redeemable non-convertible bond.