News

• JPMorgan sews up EcoSecurities takeover

  05 December 2009

  US investment bank JPMorgan has completed its takeover of EcoSecurities, and is considering further acquisitions in the space.

• ESG can boost financial performance - Mercer

  05 December 2009

  Taking environmental, social and governance (ESG) issues into account can improve the financial performance of investments, according to a survey of academic research by consultancy Mercer.

• Railpen bids to push climate change up investment agenda

  03 December 2009

  Railpen, one of the UK's largest pension funds, has asked its investment managers and trustees to fill out a 'climate audit' of how they factor climate change into existing investment processes.

• China, India targets in 'right ball-park' for carbon budget – PwC

  03 December 2009

  Targets from China and India to reduce their carbon intensity "are in the right ball-park" for getting the world back in line with its 'carbon budget', according to PricewaterhouseCoopers (PwC).

• Bankwatch blasts EIB over fossil fuel lending

  03 December 2009

  Spending on renewable energy by the European Investment Bank (EIB) is being undermined by its continuing support for fossil fuels, according to funding watchdog CEE Bankwatch Network.

• Three G10 governments 'mulling climate-linked bonds'

  03 December 2009

  Governments of at least three of the world's 10 largest economies are actively discussing issuing 'index-linked climate bonds', according to the think-tank that has pioneered the concept. And a number of sub-national bond issuers are also considering launching bonds whose returns are linked to policies to tackle greenhouse gas emissions, said Michael Mainelli, director of the Z/Yen Group.

• EPA punts ethanol blending call

  03 December 2009

  The US Environmental Protection Agency (EPA) has deferred a decision on increasing the limit on ethanol blended into gasoline from 10% to 15% until next summer, but indicated preliminary tests support such a change.

• Infinis wins majority stake in landfill gas rival

  03 December 2009

  Infinis, the UK landfill gas-to-energy firm owned by private equity group Terra Firma, appears set to take over Novera, its smaller rival, after raising its offer last week.

• Thomson Reuters acquires ESG data firm Asset4

  03 December 2009

  Thomson Reuters has acquired Asset4, which provides environmental, social and governance (ESG) data and tools for investors and corporations, for an undisclosed sum.

• Earth Capital Partners 'on course' for $5bn fund-raise

  26 November 2009

  The Stanley Fink-backed Earth Capital Partners (ECP) is still on course to raise $5 billion into environmentally-focused funds, as it prepares to name a cornerstone investor in a new renewable energy fund.