News

• People moves

  01 March 2010

  Two months after the disappointing UN climate talks in Copenhagen, YVO DE BOER is to leave his post as executive secretary of the UN Framework Convention on Climate Change. De Boer will quit in July, two months ahead of his contract expiring, to join accountants KPMG as an advisor on climate and sustainability.

• 30+ carbon footprint guidelines baffle companies

  25 February 2010

  Companies are struggling to comprehend the thirty-odd number of guidelines for reporting their carbon footprints.

• Recession cuts RWE emissions by 13%

  25 February 2010

  Carbon dioxide (CO2) emissions from RWE dropped 13% last year, owing to a sizeable fall in electricity generation in Germany and the UK.

• Europe on course to meet 2020 renewables targets – EWEA

  18 February 2010

  The EU is on course to slightly exceed its target of sourcing 20% of its energy from renewables by 2020, according to the European Wind Energy Association (EWEA).

• CCC closes sustainable property fund at £69m

  11 February 2010

  Climate Change Capital (CCC), a low-carbon asset manager and adviser, closed its UK sustainable property fund this week at almost £69 million ($108 million).

• Towers Watson adds to sustainable investment team

  11 February 2010

  Investment consultant Towers Watson has bolstered its sustainable investment team with the hire of Emma Hunt from Mercer Investment Consulting.

• Winners announced in voluntary carbon markets survey

  11 February 2010

  US investment bank JP Morgan has won three out of eight categories in Environmental Finance's survey of the voluntary carbon markets.

• February issue of Carbon Finance out now

  11 February 2010

  The February issue of Carbon Finance is now available, including a look at the prospects for the global carbon market in 2010.

• Obama ups renewables funding, cuts fossil subsidies

  04 February 2010

  Clean energy was a winner in US President Barack Obama's proposed budget, with major funding increases despite his pledge to control spending.

• Analysts applaud Shell's Cosan biofuels bet

  04 February 2010

  Investment analysts have responded positively to Shell's planned $12 billion joint venture (JV) with Brazilian ethanol giant Cosan, predicting it could help push Brazilian ethanol into world markets.