News

• EU needs 2030 greenhouse gas target – Oettinger

  15 December 2011

  A 'realistic' legally binding target to cut greenhouse gas emissions needs to be agreed for 2030 if the EU is to achieve its ambitious aim of zero emissions by 2050, the EU energy commissioner Günther Oettinger said today as he launched the European Commission's energy roadmap 2050.

• Bridges Ventures snags £72m for third fund

  15 December 2011

  Bridges Ventures has announced a first close of £72 million ($111 million) for its third "sustainable growth fund".

• Exchanges ill-equipped to drive climate change disclosure

  15 December 2011

  Stock exchanges "lack tools, resources and expertise" to encourage listed companies to disclose climate change information, according to a white paper by the Carbon Disclosure Project (CDP).

• Energy efficiency, water dodge clean-tech challenges

  15 December 2011

  Energy efficiency and water remain attractive sectors for sustainable investment despite policy challenges for clean-tech businesses, according to experts.

• US solar to see record year, followed by challenging 2012

  15 December 2011

  The US solar sector is on course for a record year in 2011, but financing projects will be challenging in 2012 and beyond if the US cash grant programme is allowed to expire, solar experts warned.

• Winners revealed in 12th annual Environmental Finance market survey

  14 December 2011

  Environmental Finance and Carbon Finance have named the winners in their 12th annual market survey.

• Thailand SEC mulling derivatives to hedge water risk

  14 December 2011

  Thailand's Securities and Exchange Commission (SEC) is studying the feasibility of developing contracts to help protect investors and local companies against the effects of flooding.

• EU states risk missing bioenergy targets

  14 December 2011

  Difficulties in sourcing adequate supplies of biomass mean that European countries could miss their renewable energy targets, according to Rabobank.

• Cat bond markets survive disasters, remodelling

  13 December 2011

  Catastrophe (cat) bond markets in 2011 fought off a series of major natural disasters, the economic crisis and changes to a widely used risk model to reach their fourth best year for new issuance, according to Swiss Re.

• US wind investment to fall $10bn in 2013 without PTC

  13 December 2011

  Investment in the US wind sector will drop by nearly two-thirds to $5.5 billion in 2013 if the production tax credit (PTC) for wind projects is not extended, according to a Navigant Consulting study.