News

• Experts split on significance of China's new green energy law

  07 January 2010

  Renewable energy specialists in China have questioned the significance of a recent amendment to the country's 2006 Renewable Energy Law, saying it will have little, if any, effect on renewable energy companies on the ground.

• Political posturing rises as Copenhagen talks near end

  17 December 2009

  Politicians are upping the rhetoric as the UN climate talks in Copenhagen approach their conclusion tomorrow, led by US Secretary of State Hillary Clinton, who today endorsed proposals for $100 billion a year of funding for climate change adaptation and mitigation in developing countries, by 2020.

• Cat bonds to beat 2008 issuance this year - Swiss Re

  17 December 2009

  The value of catastrophe (cat) bonds sold this year is likely to top 2008's total, according to leading sponsor Swiss Re – a strong recovery for a market that stalled completely after the financial crisis.

• World Bank sets aside $750m for solar in North Africa, Middle East

  17 December 2009

  Eleven concentrated solar projects in the Middle East and North Africa (MENA) are set to receive $750 million from the World Bank, which it said could help unlock a further $4.85 billion in financing from other sources.

• US promotes caps, and some trade, for fish stocks

  17 December 2009

  A US government policy may encourage wider adoption of programmes to curtail overfishing, some of which will have trading mechanisms.

• Shareholders moving behind TEP, Leaf merger

  17 December 2009

  Another listed carbon trader could be set to disappear, with investors representing a majority of shares in Trading Emissions Plc (TEP) and Leaf Clean Energy backing management plans for a merger.

• Impax unveils US distribution deal and new funds

  17 December 2009

  UK-based environmental investor Impax Asset Management has announced a distribution agreement with Milwaukee-based Titanium Asset Management, and two funds aimed at the US market.

• Soros proposes $100bn climate fund

  10 December 2009

  Billionaire financier George Soros has proposed that developed countries create a $100 billion climate fund, drawn down from existing currency reserves, to kick-start forestry and land-use projects in developing countries.

• ATP to launch €1bn climate fund

  10 December 2009

  Denmark's largest pension fund, ATP, is setting up a €1 billion ($1.5 billion) fund to address climate change in emerging economies – and is inviting other institutional investors to join.

• China second most attractive country for renewables investment

  10 December 2009

  China is second only to the US as the most attractive country to invest in renewable energy projects, according to consultancy Ernst & Young.