News

• OECD agrees greener export credit rules

  03 July 2012

  OECD countries have agreed to enhance the environmental and social due diligence they perform when providing export credit guarantees – and will encourage support for climate-friendly technologies such as carbon capture and storage.

• Bulgaria's renewables sector to be hit hard by slashed subsidies – experts

  03 July 2012

  Renewable energy development and investment in Bulgaria is set to cool following sharp cuts to feed-in tariffs, according to industry experts.

• Sarasin raises $100m into cat bond fund

  03 July 2012

  Switzerland's Bank Sarasin has raised $100 million into a fund that will invest in natural catastrophe (cat) bonds, capping its size because of a lack of suitable assets.

• First State beefs up responsible investment capacity, hires Oulton

  03 July 2012

  First State Investment has hired Will Oulton as its global head of responsible investment and has created a new Asia-Pacific responsible investment post, to which it has appointed Pablo Berrutti.

• WWF calls for institution to finance fishery conservation

  02 July 2012

  A financial institution for the recovery of marine ecosystems (FIRME) should be created to help finance the conservation of global fish stocks, according to WWF.

• China invests $900m in Chilean solar project

  02 July 2012

  Chinese solar developer Sky Solar has signed a $900 million deal with China's development bank and a Chilean conglomerate to construct a solar project in Chile.

• Echoes of Solyndra as solar manufacturer Abound files for bankruptcy

  29 June 2012

  Abound Solar, another solar technology company backed by the US Department of Energy (DOE), is going belly up.

• Japan's feed-in tariff sparks launch of renewables fund

  29 June 2012

  Japanese asset manager Sparx and Tokyo's metropolitan government are to launch a renewable energy infrastructure fund, amid nationwide efforts to increase the share of renewables via generous subsidies.

• Sarasin puts the boot into sportswear companies

  28 June 2012

  Manufacturers of sporting goods have generally improved their environmental performance, but are still failing to ensure the sustainability of their supply chains, according to Bank Sarasin.

• Renewables infrastructure fund targets €500m

  28 June 2012

  A fund chaired by the former head of Falck Renewables is aiming to raise €500 million ($623 million) to invest in wind, solar and biomass power plants.