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Econcern finds buyers for some assets
01 July 2009Bankrupt Dutch sustainable energy company Econcern has managed to find buyers for parts of its business, saving the jobs of up to 600 of its 1,100 employees.
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ADB's new energy policy draws fire
01 July 2009The Asian Development Bank (ADB) is to double its clean energy investments to $2 billion from 2013. However, it is to maintain its support for coal-fired generation and some large-scale hydro plants, drawing criticism from environmentalists.
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UK's Brown calls for $100 billion a year climate fund
01 July 2009UK Prime Minister Gordon Brown has called for $100 billion a year to be put aside by 2020 to help developing countries to fight climate change – the first leader of an industrialised country to put a figure on the table.
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Amendments likely as US Senate mulls cap and trade
01 July 2009The battle to create a US federal greenhouse gas cap-and-trade programme now shifts to the Senate, with observers predicting "significant modifications" from the version passed in a close 26 June vote in the House of Representatives.
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Investment rebounds, but remains anaemic
01 July 2009Investment in clean energy and in clean-technology venture capital rebounded in the second quarter from the dismal levels of the first three months of the year, but remains below earlier highs, according to analysts.
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VAT fraud fears roil carbon market
01 July 2009Suspicions of value-added tax (VAT) fraud in the EU emissions market triggered a dramatic drop-off in trading volumes and prompted the French and Dutch governments to change their taxation policies.
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EcoSecurities bidding war fails to ignite
01 July 2009A bidding war for London-listed carbon project developer EcoSecurities has failed to take off, with the two competitors instead joining forces.
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UK government faces judicial review over sustainability at RBS
01 July 2009Three environmental NGOs have taken legal action against the UK government over its decision to bail out RBS without imposing environmental criteria on the bank's financing practices. This comes as a European investor coalition put forward proposals for governments to become more active shareholders in the banks they took stakes in as the financial crisis hit last year.
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Wheb launches sister asset manager
01 July 2009Wheb Ventures has launched a sister company to invest in listed equities set to benefit from their exposure to three 'megatrends' – water, climate change and demographic change.
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New indexes to track green commodities, sustainability leaders
01 July 2009Four index providers have announced new products focused on environmental commodities and companies that address environmental issues or show class-leading efforts on sustainability reporting.
- SEC disbands ESG enforcement division
- Decarbonisation investment faces three key challenges, says Ninety One's Cooper
- Bloomberg launches transition plan credibility assessments
- Wellington: Time to stop 'annoying' rise of three-year lookback sustainable bonds
- Transition plan rules 'should require disclosure of' expected climate impact
- BTG Pactual TIG announces long-term tie-up with Facebook parent Meta
- RIAA launches nature toolkit for investors
- Sustainable Debt Round-up: IADB, Raizen Energia, Switch ... and more
- Three-quarters of Article 8 funds potentially violate ESMA fund names rules, Bloomberg finds
- G20 agrees to bioeconomy principles