News

  • Bipartisan support' likely to underpin US Green Bank proposal

    22 October 2009

    The prospects for a US federal bank to help finance renewable energy – as proposed in Congressional climate legislation – look rosy given bipartisan support and the ongoing difficulty of securing financing in the private markets, supporters have said.

  • Cast your vote in the Environmental Finance market survey

    22 October 2009

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

  • PwC, investors to study effect of climate on municipal bonds

    22 October 2009

    A study is underway to examine how water shortages and climate change could affect the value of US municipal bonds.

  • Impax clears £100m for Asia environment fund

    22 October 2009

    Impax Asset Management has raised £102 million ($170 million) into its Asian Environmental Markets fund – making it the largest closed-end listed investment trust raised in London since July 2008, according to its book-runner.

  • IEA members 'not on track' on energy efficiency

    22 October 2009

    "More action is needed" by International Energy Agency (IEA) member countries on energy efficiency, according to a new report from the agency.

  • Aviation, shipping in EU's sights as it sets out Copenhagen stance

    21 October 2009

    EU environment ministers have set out the bloc's position on shipping and aviation emissions for the Copenhagen climate talks – but have failed to agree on the treatment of Assigned Amount Units (AAUs).

  • Methodology opens way for carbon credits for biodiesel plantations

    21 October 2009

    Biodiesel crop plantations will now be eligible for carbon credits under the Clean Development Mechanism (CDM) of the Kyoto Protocol of the United Nations, following approval of a new methodology last week. However, developers said that few plantations were likely to be eligible, as the conditions are restrictive.

  • Extension mooted for successful US renewables grants

    15 October 2009

    The US government's grant programme for renewable energy projects has been extremely effective, boosting developer hopes for an extension. But the loan guarantee programme may be less successful because of its restrictive provisions, said delegates at a wind energy industry meeting this week

  • UK needs 'step change' to meet carbon budgets – CCC

    15 October 2009

    Policy-makers must not allow the recession to cloud the need for a "step change" in action on climate change, the committee responsible for setting the UK government's carbon budget has warned.

  • Soros to invest $1bn in clean-tech

    15 October 2009

    Billionaire hedge fund manager George Soros has said he will invest $1 billion in clean technology, in a bid to tackle climate change.