Climate finance
BRICS bank hands $811m in green energy loans
New Development Bank issues first tranche of renewable energy loans in emerging economies, but 2016 outlook for renewables industry downgraded on Q1 results
World Bank, Bank of England urge speed on climate
Mark Carney and Jim Kim warn window of opportunity to reduce emissions is closing, call for greater transparency on climate risk from big business
Development banks eye pension funds in new climate finance drive
Manager of Climate Investment Funds says it wants to de-risk low carbon projects in developing world, unlocking trillions from institutional investors
Latin America regional bank to scale up climate investments
NEWS: Inter-American Development Group aims to double spending on green projects to US$4bn a year by 2020
UN energy envoy urges investors to consider 1.5C warming limit
NEWS: Finance sector should be prepared for more aggressive emissions curbs to hit value of carbon majors, says Rachel Kyte
Top money managers, ratings agencies scanned for climate risk
NEWS: NGO to rate exposure of ‘whole investment chain’ to perils of warmer planet to protect retirement savings
World Bank, IPCC gather to discuss climate risks
CRIB NOTES 11-15 APRIL: UN climate science panel to debate 1.5C, World Bank/IMF spring meet, UN climate body outlines legal implications of Paris deal
World Bank to ramp up climate change investments
GUARDIAN: The world’s biggest provider of public finance to developing countries will refocus financing efforts towards tackling climate change
IHS Energy predicts coal price spike by 2020
NEWS: Analysis firm sees brighter future for mining companies, but climate researchers disagree
Big oil spent $115m ‘obstructing’ climate laws in 2015, NGO says
NEWS: Lobbying spend of Shell, Exxon Mobil and trade groups estimated in transparency effort
US shale gas investors eye billion-dollar gamble
ANALYSIS: US shale oil and gas equity investors are expecting a rebound in prices, given share issuance figures in the first quarter of 2016. But are they backing a dud?
Welcome to the world’s clean energy revolution, in 11 slides
ANALYSIS: Record investments in wind and solar are transforming our energy landscape, as this presentation from Bloomberg New Energy Finance’s explains
Trillions of dollars at risk from climate impacts – study
NEWS: An overheating planet could wreak financial havoc, researchers find in the most comprehensive valuation to date
Call for EU carbon market overhaul as emission cuts slow down
NEWS: Low carbon price and glut of free permits give power sector and industry little incentive to reduce their climate impact, say analysts
Bloomberg climate taskforce to target financial filings
NEWS: Companies should report their climate risk exposure to avoid legal issues faced by Peabody and Exxon, says lead analyst
Bloomberg climate risk initiative to release first report
NEWS: Heavyweight taskforce is exploring how businesses report vulnerability to climate policies and impacts on G20 request
Exxon Mobil must give shareholders climate vote, regulator rules
NEWS: US oil major, alleged to have lied about the risks of global warming, has been ordered to consider shareholder resolution at next AGM
Mark Carney: G20 to make green finance a ‘priority’
NEWS: Bank of England governor and chair of Financial Stability Board says it’s time to mainstream climate-friendly fund
China’s largest bank to screen loans for environmental risk
NEWS: ICBC says it’s time to take tougher line on major polluters, citing regulatory pressures linked to air pollution and emission standards
Bank of England regulator warns of growing climate risks
NEWS: Risk to financial system lessened by companies’ disclosure of their exposure to fossil fuel assets, says Paul Fisher