News

• Equator Principles consultation extended again

  27 March 2012

  Consultations on the third iteration of the Equator Principles (EP) have been extended again, according to the principles' secretariat.

• Regional emissions trading systems boost carbon price concept

  27 March 2012

  The global carbon markets have been held back by a lack of political ambition, but the future of carbon pricing is "very strong" as regional markets are developing across the world, said Abyd Karmali, global head of carbon markets at Bank of America Merrill Lynch.

• Ballast water treatment market set to soar – then slump

  27 March 2012

  A potentially multi-billion dollar market in treating ballast water has emerged after regulations came into place in the US recently which are on the way to being adopted globally, say investors and analysts.

• Former UNEP FI chief unveils new venture

  26 March 2012

  The former head of the UN Environment Programme Finance Initiative (UNEP FI) is to launch a sustainable finance advisory boutique, The Blended Capital Group.

• Australian renewables VC fund ready to invest A$200m

  26 March 2012

  An Australian renewable energy venture capital fund backed by the government is to start looking for investment opportunities.

• Too few companies report climate goal achievements – Norges Bank

  26 March 2012

  Few companies disclosed emissions data and activities to meet climate change goals and regulations in 2011, according to Norges Bank Investment Management (NBIM).

• Commercial building retrofits need better financing models

  24 March 2012

  New or enhanced models for financing energy efficiency retrofits are paramount to truly propel these projects forward in the commercial sector, experts said.

• Danish pension fund ploughs assets into renewables

  22 March 2012

  Danish pension fund PensionDanmark is putting more money into renewable energy infrastructure assets, which achieve equity market-level returns with less risk, according to the fund's managing director.

• Tax credit for renewables will be extended – Boucher

  22 March 2012

  A former US Congressman predicted the production tax credit (PTC) for renewables would be extended during the lame-duck session after the November elections, but other observers are more pessimistic about the chances of an extension in 2012.

• 'Ocean economics' study shows $2tr/yr cost of climate change

  22 March 2012

  The economic value of the world's oceans could drop by $2 trillion a year by 2100 if greenhouse gas emissions continue to rise on their current trend, according to a Stockholm Environment Institute (SEI) study.