News

  • Low fossil fuel strategies perform in line with benchmark – MSCI

    31 January 2014

    Three strategies designed to allow investors to allay concerns about 'stranded assets' by reducing their exposure to fossil fuels have performed roughly in-line with a global benchmark index in recent years.

  • EEX announces fee holiday for renewables credits

    31 January 2014

    An exchange is to waive fees for traders of Guarantees of Origin (GoO) renewable energy certificates, in a bid to boost the attractiveness of the market.

  • Goldman Sachs seals deal with world's largest offshore wind operator

    31 January 2014

    Goldman Sachs and two pension funds have bought about a quarter of Danish state energy company Dong Energy, in a move expected to boost its investments in offshore wind.

  • $1.8bn coalition to divest from fossil fuels, reinvest in clean-tech

    31 January 2014

    A coalition of philanthropic funds managing a combined $1.8 billion of assets committed to divest from fossil fuels and increase investments in "the clean energy economy", in the latest sign that the stranded assets movement is gaining momentum.

  • Agilitas invests in private UK waste management group Impetus

    30 January 2014

    Private equity group Agilitas has acquired an undisclosed stake in Impetus Waste Management, through its support of a management buyout led by managing director Ian Hunter.

  • Conservation finance 'has $300bn a year market potential', says report

    30 January 2014

    The development of a market to finance conservation projects could attract between $200 billion and $300 billion of private capital per year, a new report has claimed.

  • Climate specialist Mark Proegler leaves BP

    30 January 2014

    Mark Proegler has left BP, where he served as director of climate and transport energy policy since June 2009, to take a career break.

  • Norway's $800bn 'oil fund' halves coal production holdings

    29 January 2014

    Norway's $800 billion sovereign wealth fund has divested half of its holdings in coal miners over the past two years, its manager has said.

  • Voting opens in EF's Deals of the Year awards

    29 January 2014

    Nominations are now open for the seventh annual Environmental Finance Deals of the Year awards.

  • Robins to leave HSBC to spearhead UNEP Inquiry

    28 January 2014

    Nick Robins is to step down as head of HSBC's Climate Change Centre to help lead a United Nations Environment Programme inquiry into how to green the world's economy.