Nick Roumpis

Several banks still funding tar sands projects

A number of commercial banks continue to finance the tar sands sector at levels that do not align with the Paris Agreement targets, according to environmental organisation Rainforest Action Network (RAN).

Growing shareholder support for climate action still "a work in progress"

Shareholder support for climate risk initiatives has surged in 2017 but some of the world's largest asset managers have only just started taking action, according to a report by 50/50 Climate Project.

"Non-breakthrough" COP23 to make progress on Paris rulebook

The main achievement expected at the Bonn climate conference starting on Monday is progress on preparing a 'rulebook' that will lay out how to implement the Paris Agreement.

IFC highlights seven growth sectors created by the Paris Agreement

Fundsmith enters sustainability arena and slams competition

Fundsmith launched its first sustainability fund, while taking a swipe at other offerings in the space, pointing to "fatal flaws in the way that existing environmental, social and governance (ESG) monitoring is applied."

A quarter of refineries under threat in a 2°C world, warns Carbon Tracker

Falling oil demand in a carbon-constrained world could result in the closure of a quarter of global refineries in the next 20 years, the latest report from Carbon Tracker has found.

Platina Energy sells Italian solar portfolio to NextEnergy for €131.9m

Platina Energy Partners has cashed out from eight solar plants based in Italy and is eyeing new opportunities across Europe.

Online climate policy tracker tool launched

An online platform designed to help business track which climate policies are relevant to them across different regions and sectors has been launched.

Glennmont closes on €190m refinancing with first Italian wind bond

Glennmont Partners has issued Italy's first bond for the wind sector as it successfully completed its second refinancing in a month.

Innergex expands with C$1.1bn Alterra takeover deal

Innergex Renewable Energy is looking to diversify its portfolio with the acquisition of its Canadian rival Alterra Power, in a C$1.1 billion ($857.83 million) deal supported by Caisse de depot et placement du Quebec (la Caisse).