News

• Bonn climate talks give 'cause for hope' – NGOs

  07 May 2013

  NGOs have welcomed a change in the tone of the UN climate negotiations, following a meeting in Germany last week in which constructive ideas were tabled.

• Groote aims for July for second backloading vote

  07 May 2013

  The chairman of the European Parliament's environment committee expects the Parliament to vote again on a plan for a short-term fix to the EU Emissions Trading System (ETS) at the July plenary – a move welcomed by observers.

• Denham strikes $75m Australian wind deal

  07 May 2013

  Energy-focused private equity firm Denham Capital has invested US$75 million of equity in a 1GW portfolio of wind projects under development in Australia.

• PGE drops CCS plans, blames lack of funding

  07 May 2013

  Polish utility PGE confirmed it has cancelled plans to build a carbon capture and storage (CCS) demonstration plant, due to a failure to secure enough funding for the project.

• Aviva Investors hires responsible investment head

  03 May 2013

  Aviva Investors has appointed Adeline Diab to head up the firm's efforts to integrate environmental, social and governance (ESG) into its mainstream investment processes.

• Renewables association slams NGOs' anti-biomass subsidy campaign

  03 May 2013

  The debate over the sustainability of biomass has been pushed back under the spotlight after the Renewable Energy Association (REA) hit out at NGOs that called for the UK government to lower its subsidies for the fuel.

• UK's biggest ever solar bond issued

  03 May 2013

  The UK's biggest ever solar bond has been issued by asset manager Foresight, in a move it said provides further evidence that the sector is becoming increasingly attractive to investors.

• 'Industry's first' fixed income ESG indexes to launch 'in weeks'

  02 May 2013

  A new family of environmental, social and governance (ESG) indexes for fixed income are due to be launched by early next month, index provider MSCI and Barclays have told Environmental Finance.

• RenRe's weather risk business returns to first quarter profit

  02 May 2013

  RenaissanceRe's weather and energy risk management business made a profit in the first quarter of 2013, compared with a steep loss in the same period last year.

• 'Constructive tone' at Bonn climate talks boosts confidence

  02 May 2013

  The UN climate talks in Bonn, Germany, this week have got off to a positive start, said observers, with constructive discussions around the shape of a 2015 international climate deal.