News

  • UN launches water footprint guidelines

    29 August 2012

    A UN initiative has launched guidelines for corporate water disclosure, backed by companies including Coca-Cola and Nestlé and investors such as Robeco, Norges Bank and KfW's DEG Invest.

  • US drought seen costing $20bn – AIR

    28 August 2012

    The extreme US drought could lead to up to $20 billion in insured losses, according to catastrophe modelling firm AIR Worldwide.

  • Romney platform 'bad news for clean energy sector'

    28 August 2012

    The US clean energy sector would be the clear loser if Mitt Romney wins the US presidency.

  • GCF board holds first meeting, elects chairs

    24 August 2012

    The first meeting of the Green Climate Fund (GCF) board began on Wednesday, and two co-chairs have been elected.

  • Australia's AGL expects A$1bn carbon costs in 2012-13

    24 August 2012

    Australian utility AGL predicted its carbon-related costs at A$1 billion (US$1.02 billion) this financial year, as a result of the country's carbon pricing mechanism.

  • Acciona sells $300m of Mexican windfarm bonds

    24 August 2012

    Energy and infrastructure developer Acciona has raised almost $300 million from bond investors to refinance two Mexican wind farms, in what bankers say is the first financing of non-US renewable energy projects in the US capital markets.

  • Environmental protection shares jump on China's investment target

    23 August 2012

    China has said it will invest ¥2.37 trillion ($373 billion) in energy-saving projects and pollution control by the end of 2015, boosting share prices of environmental technology companies in the country.

  • Repeat of Hurricane Andrew would cost $50-57bn

    23 August 2012

    If Hurricane Andrew were to happen today, it would cost the insurance industry around $57 billion, according to AIR Worldwide.

  • Asria head steps down

    23 August 2012

    The general manager of the Association for Sustainable & Responsible Investment in Asia (Asria), Rebecca Mikula Wright, is stepping down.

  • Vestas earnings down, shipment forecast cut

    22 August 2012

    Wind turbine maker Vestas has posted an almost 50% year-on-year drop in earnings and cut its shipment projections for the end of the year by about 700MW, adding to fears about the company's growth prospects.