News

• Korea launches $130m green growth fund

  01 May 2009

  The Korean government is among the backers of a $130 million fund that will make private equity investments in companies globally that are hoping to stimulate green economic growth in Korea.

• HSBC infrastructure fund makes first close

  01 May 2009

  HSBC has raised €117 million ($156 million) of a targeted €500 million into its Environmental Infrastructure Fund, which will invest in infrastructure development and construction, using proven technologies in renewable energy, water treatment and waste management.

• Frog Capital funds leap to €100m

  01 May 2009

  Foursome Investments, an investment firm founded by the Engelhorn family, has rebranded itself as Frog Capital and raised its available funds to €100 million from €60 million. I

• Crédit Agricole SRI fund to target clean-tech equities

  01 May 2009

  Crédit Agricole Asset Management (CAAM) has developed a socially responsible equity fund targeting promising clean-tech companies.

• Asset4 aims to plug gaps in corporate carbon data

  01 May 2009

  Environmental and social data provider Asset4 has launched a product to help plug the gaps in the timeliness and completeness of corporate carbon disclosure.

• First signs of a thaw for renewables projects?

  01 May 2009

  The first financings of renewable power projects in 2009 indicate that banks are starting to sign cheques again, but conditions remain tough, according to financiers and market observers.

• China's solar sector set for stimulus

  01 May 2009

  China looks set to begin development of a domestic solar power generation industry, as Beijing prepares to roll out a renewable energy stimulus package with an emphasis on solar power, possibly this month

• CCFE lists REC futures

  01 May 2009

  The Chicago Climate Futures Exchange (CCFE) has listed renewable energy certificate (REC) futures, referenced to RECs to meet renewable portfolio standards (RPS) in Connecticut, Massachusetts and New Jersey and a 1,000MWh voluntary REC contract.

• Pro bono' efforts to target low-carbon projects

  01 May 2009

  A novel approach to help accelerate reductions of greenhouse gas emissions is being developed by London-based law firm Travers Smith and a group of like-minded UK companies.

• Guidelines drawn up to help finance energy efficiency

  01 May 2009

  A set of guidelines to help financial institutions evaluate the risks and quantify the benefits of energy efficiency investments has been launched by the Washington, DC-based non-profit Efficiency Valuation Organization (EVO).