News

  • EU tariffs on Chinese solar imports would hit jobs – report

    19 February 2013

    Imposing tariffs to protect solar manufacturers from cheap Chinese imports would jeopardise hundreds of thousands of EU jobs, a report has claimed.

  • World Bank to boost efforts to attract private investment for forestry

    19 February 2013

    The World Bank Group has hit back at claims that it finances industrial logging concessions, and pledged to ramp up efforts to attract more private sector capital to support sustainable forestry.

  • Carbon Trust unveils water reduction certification programme

    19 February 2013

    The UK's Carbon Trust has launched what it says is the first international certification for water reduction, with Coca-Cola Enterprises and retail giant Sainsbury's among the first four companies winning certification.

  • EU ETS rescue clears first hurdle

    19 February 2013

    Reform of the EU Emission Trading System (ETS) has cleared its first hurdle, as members of the European Parliament's environment committee voted in favour of a European Commission proposal to intervene in the market to raise the carbon price.

  • Drax profits fall, but shares rise amid biomass conversion plans

    19 February 2013

    Profits dropped at Western Europe's biggest coal-fired electricity plant as it invested in plans to convert to running mainly on biomass – but it remains confident the transformation will deliver "attractive returns to shareholders".

  • Germany risks putting off renewables investors, Spain faces legal action on FiT changes

    18 February 2013

    The German government's plans to introduce retroactive cuts for existing renewable power plants risk deterring investment in the sector, observers have warned, while Spain faces legal action by investors against recent changes to its subsidy scheme.

  • US Senators table carbon tax bill

    15 February 2013

    Two US senators have introduced legislation to establish a national carbon tax.

  • IFC issues world's first $1 billion green bond

    15 February 2013

    The International Finance Corporation (IFC) has issued the first $1 billion green bond, the proceeds of which will be directed to "climate-friendly" projects in developing countries.

  • PRI showcases ESG integration approaches

    14 February 2013

    The Principles for Responsible Investment (PRI) secretariat has published two reports to help investors better incorporate environmental, social and governance (ESG) factors into investment decision making.

  • ESG becoming more important to investors

    14 February 2013

    Investors are expected to pay more attention to companies' environmental, social and governance (ESG) performance as extreme weather and social unrest become more persistent, according to a new report.