News

• Renewables cash grant may survive budget cuts – SEIA

  13 October 2011

  The budget-cutting focus of the US House of Representatives will not necessarily prevent an extension of the cash grant programme for renewable energy, according to the head of the Solar Energy Industries Association (SEIA).

• F&C raises €30m into climate fund

  13 October 2011

  F&C Investments has reached the first close of a private equity fund-of-funds that focuses on climate change investment, attracting a total of €30 million ($41 million) from three unnamed institutional investors.

• CSSP launches portal for SRI market

  13 October 2011

  Sustainability consultancy CSSP has launched an online portal to bring together information about the wide range of organisations active in socially responsible investment (SRI).

• SunEdison raises $300m for solar projects

  13 October 2011

  SunEdison has secured $300 million to finance the construction of utility and rooftop solar photovoltaic projects throughout the US and Canada.

• Voting open in annual Environmental Finance market survey

  13 October 2011

  Voting has opened in the annual Environmental Finance and Carbon Finance market survey – the largest and most closely watched survey of the world's environmental markets.

• WeatherBill rebrands, focuses on agriculture

  13 October 2011

  Weather risk management firm WeatherBill has changed its name to The Climate Corporation amid a refocusing of the business on arable farmers.

• Trading Emissions reshuffles board, suspends dividend

  11 October 2011

  Troubles at Trading Emissions plc (TEP), a London-listed developer of clean energy and emissions reduction projects, have led to four members of the board departing and a suspension of dividend payments.

• SAM water fund marks 10th anniversary with outperformance

  11 October 2011

  An investor who put money into the launch of SAM's Sustainable Water Fund 10 years ago would have beaten its benchmark by 26.52% after fees, the Switzerland-based asset manager said today.

• World Bank warns of climate finance 'desert'

  11 October 2011

  The availability of finance to help developing countries tackle climate change is drying up, imperiling the international climate talks, the head of the World Bank's sustainable development network has warned.

• Allianz takes 10% stake in REDD developer

  11 October 2011

  German insurance giant Allianz has invested an undisclosed sum in Wildlife Works Carbon, a US-based developer of projects that reduce emissions from deforestation and forest degradation (REDD).