News

  • Boom forecast in 'green infrastructure' investment

    21 November 2012

    A significant increase in institutional investments in 'green infrastructure' is expected in the coming years as the market matures, says Paradigm Change Capital Partners.

  • Endurance buys Galileo, forms weather risk unit

    21 November 2012

    Galileo Weather Risk Management has been snapped up by insurer Endurance, where it will be relaunched as a new business unit alongside the latter's catastrophe, property and agriculture divisions.

  • Wind power creates more economic benefits than gas - report

    21 November 2012

    Wind power generates greater economic benefit in European economies than the most competitive fossil fuel alternative, a new report by international consulting firm Ernst & Young has claimed.

  • Investments in reducing emissions generate positive annual returns - CDP

    20 November 2012

    Companies investing in reducing their emissions have generated an average annual return of 33% on those investments, according to a new report.

  • Investments and savings of 'millions of citizens' put at risk by inadequate climate policies

    20 November 2012

    Millions of people's investments and retirement savings will be placed in jeopardy unless governments implement ambitious climate change policies urgently, investor groups representing $22.5 trillion in assets have warned.

  • Report delivers 'wake-up call' to bond markets

    20 November 2012

    A report claiming that credit ratings are failing to take into account the destruction of countries' natural resources must serve as a "wake-up call" to sovereign bond markets, it was claimed.

  • Sandy losses will overwhelm federal flood programme

    20 November 2012

    The "staggering" flood losses created by Superstorm Sandy are set to leave the National Flood Insurance Program (NFIP) in the US needing to borrow billions more dollars to cover claims.

  • PRI appoints MD, names new signatories and exclusions

    19 November 2012

    The Principles for Responsible Investment (PRI) Initiative has appointed a managing director, and released a list of the most recent signatories and departures.

  • Cataclysmic 4°C temperature rise looms – World Bank

    19 November 2012

    The World Bank has become the latest organisation to warn that key climate change targets are set to be missed, with temperatures on course for a "cataclysmic" 4°C rise, threatening misery for hundreds of millions of people.

  • EIB issues $111m climate bond

    16 November 2012

    The European Investment Bank (EIB) has issued its second 'green' bond this year – a SEK750 million ($111 million) bond which has sparked significant interest from investors in Asia.