News

• March issue of Carbon Finance out now

  11 March 2010

  The March issue of Carbon Finance is now available, including a look at where next for international climate change negotiations following a disappointing meeting in Copenhagen in December and the resignation of UN climate chief Yvo de Boer.

• Senators demand US suspends renewables grant programme

  04 March 2010

  US senators have asked the Obama administration to suspend a successful grant programme for renewable energy projects because the vast majority of its funds are going to foreign companies.

• MSCI to acquire RiskMetrics

  04 March 2010

  RiskMetrics, the New York-based risk advisory company which has been on a buying spree of environmental, social and governance (ESG) investment research firms, is itself to be taken over.

• Shareholders target climate laggards in proxy season

  04 March 2010

  Activist shareholders are turning up the heat on US and Canadian companies to disclose climate change-related risks and opportunities, an effort that is expected to intensify further with new disclosure guidance from US regulators.

• EU greening funds insufficient and unspent, NGOs warn

  04 March 2010

  Most EU funding for renewables and energy efficiency in central and eastern Europe has not yet been spent, a report by Friends of the Earth Europe and Bankwatch has revealed.

• Bankers call on EU to back green standards and investment

  04 March 2010

  The EU should lead a global effort to develop green banking standards, said Blaise Desbordes, director of sustainable development at Caisse de Dépôts, a French public investment bank, at a conference in Brussels this week.

• Private equity investors urged to step up on climate change

  04 March 2010

  Private equity investors are the target of a guide on the risks and opportunities posed by climate change, issued this week by the London-based Institutional Investors Group on Climate Change (IIGCC).

• S&P survey reveals credit risks from carbon ignored

  04 March 2010

  Less than half of major European companies are fully integrating carbon exposures into corporate financial decisions, according to a survey by ratings agency Standard & Poors (S&P), despite the imminent impact of a more stringent phase of Europe's emissions trading scheme.

• Deloitte boosts carbon practice with dcarbon8 buy

  04 March 2010

  Professional services firm Deloitte has acquired specialist consultancy dcarbon8 for an undisclosed sum.

• Clean Air 'fix' does little for allowance markets

  01 March 2010

  A legislative fix for the embattled Clean Air Inter­state Rule (CAIR) programme has been introduced in the US Senate, but vague language and doubts about the bill's prospects mean uncertainty continues to swirl around the likely value of sulphur dioxide (SO2) and nitrogen oxides (NOx) allowances.