News

  • Figueres: Carbon markets will prevail despite backloading slump

    18 April 2013

    The UN's climate chief has denied that the rejection of a quick fix to the EU Emissions Trading System (ETS) was a "death blow" to carbon markets, despite prices in the world's largest ETS plunging to a new record low yesterday.

  • Finalised PTC rules welcome boost for US wind, geothermal

    17 April 2013

    A key tax incentive for renewable energy in the US has cleared its final hurdle in a move expected to help boost the industry.

  • GreenStream inks first energy efficiency contract in China

    17 April 2013

    Asset manager GreenStream Network has signed its first energy efficiency contract in China as part of its ambitious plans to expand in the powerhouse economy.

  • EU asks if weather risk market needs a boost

    17 April 2013

    The European Commission has opened a consultation on how to increase the penetration of disaster risk insurance in the EU, including index-based weather insurance and insurance-linked securities.

  • EU's proposed ESG reporting rules must go further – investors, CDP

    17 April 2013

    Aviva Investors and the CDP have urged the European Commission to go further in its proposal of a law to improve large companies' reporting of environmental and social information.

  • Backloading rejection threatens to leave EU ETS 'impotent'

    16 April 2013

    A rescue plan for the EU's beleaguered carbon market failed to win the support of politicians today, in a move that pushed carbon prices to record lows and raised fears the cap-and-trade scheme has been rendered "impotent".

  • Investor-led group proposes 'integrated reporting' framework

    16 April 2013

    A business and investor-led coalition has launched a framework to help companies integrate non-financial drivers, such as natural capital, into their corporate reporting.

  • Backloading failure could 'finish EU ETS until further notice' – Jefferies

    16 April 2013

    Carbon prices could rise to €7 ($9.16) if today's crunch vote on a quick fix to the EU Emissions Trading System (ETS) passes – but if it fails, "the market is essentially finished until further notice", an analyst has warned.

  • UKSIF finds new Shepherd

    15 April 2013

    The UK Sustainable Investment and Finance Association (UKSIF) has appointed Simon Howard as its new chief executive.

  • Asset manager raises £35m for wind investments

    15 April 2013

    A UK-based alternative asset management firm has raised £35 million ($53.7 million) in a first close for its inaugural wind energy income fund.