News

  • UNEP FI names two new co-chairs

    25 June 2013

    Madeleine Ronquest, head of environmental and social risk management at FirstRand Group, and David Pitt-Watson, senior strategic advisor at Inflection Point Capital Management, have been appointed co-chairs of the UNEP Finance Initiative.

  • Sustainability a growing concern for investors – BoA

    24 June 2013

    Mainstream investors will increasingly rely on sustainability metrics to inform investment decisions, Bank of America has claimed.

  • MidAmerican increases bond issue to $1bn, reports say

    24 June 2013

    Warren Buffett's MidAmerican Energy has issued a $1 billion bond to finance a solar project in California, according to reports, substantially more than it had planned to raise.

  • Green Climate Fund makes private sector appointment

    21 June 2013

    The Green Climate Fund (GCF) has appointed a private sector representative ahead of its upcoming meeting, where observers hope significant progress on establishing the fund's business model will be made.

  • Private sector profit 'hinges on climate change adaption' – report

    21 June 2013

    The future profitability of corporations will increasingly hinge on their adaptation to climate change, a report has warned, suggesting sector-specific opportunities companies should seize to manage climate-related risks.

  • 'First European renewables fund exit' delivers 40% return

    20 June 2013

    An investment firm has become the first in Europe to exit a renewable energy fund, it claimed, after it sold the remainder of the fund's wind assets and secured an overall internal rate of return of more than 40%.

  • China-US HFC deal could be 'huge' for carbon markets – Newcombe

    20 June 2013

    China's pledge to 'phase down' a group of potent greenhouse gases that had not been covered under the Montreal Protocol has potentially "huge" implications for carbon trading, according to one of the market's pioneers.

  • Danish pension fund to invest $200m in US offshore wind farm

    19 June 2013

    A Danish pension fund has pledged to provide financing for a planned offshore wind farm in the US, the first public funding commitment to the project.

  • Swiss Re stops 23 transactions on ESG grounds

    19 June 2013

    Swiss Re's latest corporate responsibility report has revealed the firm barred 23 deals last year on the grounds that they did not meet its sustainability risk framework.

  • Water + emerging markets = 'tremendous opportunity', calculates asset manager

    19 June 2013

    Water treatment and water infrastructure companies active in emerging markets are a significant investment opportunity, according to an asset manager, as it revealed particularly attractive sub-sectors and stocks.