News

  • Norwegian pension fund more than triples investment in green assets

    22 March 2011

    Norway's Government Pension Fund Global has more than tripled its green-themed assets under management to NOK25.7 billion ($4.6 billion) in one year.

  • Plan to slash UK solar tariff will 'stall' sector

    18 March 2011

    Deep cuts to the feed-in tariffs (FITs) that solar photovoltaic (PV) installations can earn in the UK were proposed today by the Department of Energy and Climate Change (DECC).

  • Green bonds to help Chicago meet goals?

    18 March 2011

    The City of Chicago is inviting proposals to develop a green bond programme, with transparent market standards and a potential demonstration project, to attract institutional investment for its energy efficiency and renewables goals.

  • Juno Mother Earth hedge fund founders sued by SEC

    17 March 2011

    Two founders of a clean energy hedge fund are being sued by the US Securities and Exchange Commission for allegedly defrauding clients and "failing to comply with fiduciary obligations".

  • Nikko raises £400m into World Bank green bond funds

    17 March 2011

    Nikko Asset Management has raised £400 million ($646 million) into funds that invest in 'green' bonds issued by the World Bank.

  • 'No excuses' for weather affecting profits, says UK insurance broker

    17 March 2011

    A UK firm has begun offering insurance that will compensate companies for when the wrong kind of weather hits.

  • Water a more immediate risk to companies than carbon - analysts

    17 March 2011

    Water risks present more of an immediate challenge to global corporations than carbon, but awareness about water issues among investors and companies is lower, experts said.

  • Scottish homeowners offered interest-free loans to install renewables

    17 March 2011

    Homeowners in Scotland will be able to tap interest-free government loans to install renewable heat and electricity generators, the government announced last weekend.

  • Eaga closes £300m in funding for residential solar programme

    17 March 2011

    Energy outsourcing company Eaga has raised £300 million ($480 million) in debt and equity financing for a programme to install up to 100MW of solar photovoltaics on 30,000 residential buildings in the UK, it announced today.

  • FTSE4Good expands to Korea, Israel, sacks seven firms

    17 March 2011

    Seven companies – including Oracle and Home Depot – have been removed from the FTSE4Good index series in its latest semi-annual review, which also sees the series expand to include Israeli and South Korean companies.