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'Subsidised' renewables seeing a fraction of largesse given to oil & gas, nuclear
21 December 2011US support for renewable energy pales in comparison to subsidies and tax benefits historically enjoyed by the oil and gas and nuclear sectors, according to a new study.
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NAB and Rabobank lead the way on natural capital
20 December 2011Rabobank of the Netherlands and National Australia Bank (NAB) are the first signatories of the Natural Capital Declaration, a statement of intent to work towards recognising the value of ecosystem services in financial products and services.
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Ecotricity beats target for second ecobond
20 December 2011UK renewable energy utility Ecotricity has again beaten its fundraising target for its latest ecobond – although a leading advisor has raised a red flag over its corporate governance.
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EU carbon price rockets 30% on set-aside vote
20 December 2011The European Parliament's environment committee has voted to cut the supply of EU carbon allowances, causing the carbon price to climb as high as €9.75, a 32% increase on yesterday's close.
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EcoSecurities co-founder launches Brazilian environmental exchange
20 December 2011Carbon markets pioneer Pedro Moura Costa is helping to set up a government-backed environmental exchange in Brazil to host markets in carbon, recycling, water quality and forestry credits.
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Near record-high catastrophe claims in 2011
19 December 2011This year is set to see the second highest insured losses from natural and man-made catastrophes in history, at $108 billion, according to preliminary estimates by reinsurer Swiss Re.
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BlackRock clean energy fund eyes push into nat gas, after tough year
16 December 2011The managers of BlackRock's New Energy Investment Trust are looking at diversifying into natural gas following a year when the fund's share price fell 26.7%, against a drop of 1.3% in its performance benchmark index.
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Energy companies push for higher carbon prices
16 December 2011Some of Europe's biggest energy and manufacturing companies have called for a strengthening of the EU Emissions Trading System (ETS), in the wake of the release of the European Commission's energy roadmap and ahead of a key vote on the EU Energy Efficiency Directive (EED).
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Shareholders should beef-up tactics on engagement
16 December 2011Environmental and social resolutions can be effective tools for driving change at corporations, but more aggressive strategies should be incorporated into the shareholder engagement movement, experts said.
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US lagging on ESG due to legal, fiduciary red herrings
15 December 2011The US is falling behind other countries and regions in integrating environmental, social and governance (ESG) factors into mainstream investment decisions, largely due to perceived legal or fiduciary risks, experts said.
- Iceberg launches sovereign climate and biodiversity dataset
- COP29: 'Historic step' for carbon markets, as Article 6 crosses finish line
- SLBs linked to donations or carbon credit investments are 'promising'
- EU proposal to bring sustainable finance rules into single regulation risks 'chaos'
- COP29: Financing Net Zero
- UK pledges £239m to tackle deforestation
- The 'finance COP' short-changed the Global South, say investors
- EU sustainability 'omnibus' regulations 'like a bad omelette'
- Indonesia brings forward coal phase out
- IDB Invest and IFC back BBVA Colombia for $100m sustainable bond issuance