News

  • European banks retreat from North American renewables

    21 June 2012

    US and Japanese banks are stepping into the North American renewable energy financing void left by their European counterparts – a trend likely to continue amid the never-ending turmoil in the European banking sector.

  • Rio+20 headed for 'epic fail'

    21 June 2012

    World leaders have arrived in Rio de Janeiro for the final two days of the Rio+20 sustainable development conference, but observers believe they are unlikely to salvage the latest text that has been slammed by NGOs.

  • Latin America lures renewables investors

    21 June 2012

    Investors are rushing to finance renewable energy projects in Latin America, as many countries in the region now have attractive incentives and investment-grade ratings.

  • Energy efficiency directive will flick switch on private investment

    21 June 2012

    The recently passed EU Energy Efficiency Directive (EED), though weaker than originally proposed, should nonetheless kick-start private-sector financing of efficiency improvements in buildings, according to a European Commission official.

  • Brazilian emissions-efficiency ETF raises $500m

    21 June 2012

    A Brazilian exchange-traded fund (ETF) that tracks carbon-efficient companies has attracted BRL1 billion ($502 million) in investment.

  • EU emission allowance demand 2.2bn less than expected – Sandbag

    20 June 2012

    More than two billion EU emission allowances (EUAs) must be withheld in order to fix the EU Emissions Trading System (ETS), according to a report by NGO Sandbag.

  • UK mandates carbon reporting for large listed companies

    20 June 2012

    

All companies listed on the London Stock Exchange's main market will have to report their greenhouse gas (GHG) emissions from April 2013, the UK government announced today at the Rio+20 sustainable development conference.

  • Europe's €20bn sustainable energy budget under pressure

    20 June 2012

    The European Commission is planning to make more money available for sustainable energy projects over 2014-20, despite an underspend of the budget in the current period.

  • UN launches Principles for Sustainable Insurance

    19 June 2012

    The UN has unveiled its Principles for Sustainable Insurance (PSI), seeking to replicate its success in introducing voluntary environmental, social and governance (ESG) principles to the asset management business.

  • Rio+20: negotiations falter amid deluge of corporate commitments

    18 June 2012

    Businesses have announced a raft of commitments and unveiled numerous reports on sustainable development, as the Rio+20 negotiations enter their final phase.