News

• DB funds to invest in low-emission companies

  01 July 2009

  Deutsche Bank has launched two global equity funds offering exposure to companies with low greenhouse gas emissions.

• Bache launches biofuels and climate change index

  01 July 2009

  Trader and broker Bache Commodities yesterday launched a "green" investment and benchmarking index based on biofuels feedstocks and "clean air" commodities including carbon emissions credits.

• Export credit agencies pull out of Ilisu project – report

  25 June 2009

  Germany, Austria and Switzerland are to withdraw their export credit guarantees for Turkey's Ilisu dam project, jeopardising the project's future, according to a report last Friday from the German newspaper Frankfurter Rundschau.

• Wheb's new fund sees opportunity in valuations

  25 June 2009

  Wheb 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.

• US government lending could support $250bn of renewables projects

  25 June 2009

  With the distressed capital markets currently reluctant to provide extensive funds for renewable energy projects, the US Department of Energy (DOE) is committed to temporarily providing financial support for mature technologies, officials said.

• Industry group to develop €400bn African solar plan

  25 June 2009

  Munich Re is backing a €400 billion ($560 billion) plan to build solar energy plants in north Africa that could supply 15% of Europe's energy needs by 2050.

• ADB's energy policy draws fire, despite renewables boost

  25 June 2009

  The 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.

• Sustainable timber fund gains €30m backing from EIB

  25 June 2009

  Dasos Capital's private equity timber fund has made its first close of €85 million ($119 million), following a pledge of €30 million from the European Investment Bank (EIB).

• Leapfrog carbon reduction initiative jumps ahead

  25 June 2009

  The Leapfrog initiative, which aims to provide specialist volunteers to help bring emission reduction and clean technology projects to fruition, is moving ahead on several projects and is planning a formal launch on 24 September.

• More indexes to address sustainable investment

  18 June 2009

  Three index providers this week announced new products focused on companies that address environmental issues or show class-leading efforts on sustainability reporting.