Climate finance
EU heavy industry pockets €24bn in ‘pollution windfall’ – report
NEWS; That’s ten times what Brussels green innovation fund pays out, says NGO in call for reform of EU emissions trading scheme
UN-backed green fund to wean major banks off fossil addiction
INTERVIEW: New alliance with HSBC and Credit Agricole takes flak from civil society, but GCF heads say finance giants are now part of transition away from fossil fuels
Positives emerge from Green Climate Fund link with HSBC
BLOG: Big banks are not a natural partner for the UN’s flagship green fund, but a new link could reap benefits for both
JP Morgan: Coal investments on par with child labour
NEWS: Bank says it will stop funding new coal mines or plants in the 30 OECD nations, but could still back projects in developing world
Green Climate Fund considering proposals worth $5 billion
NEWS: UN’s flagship clean investment fund plans radical boost in support for developing countries once strategy is agreed by board this week
Meet the investors pushing climate reality on carbon majors
ANALYSIS: Through shareholder resolutions, the Aiming for A coalition is getting coal, oil and gas companies to face up to global warming
Green Climate Fund urged to ditch links to HSBC, Credit Agricole
NEWS: Civil society groups say potential partners are coal-friendly and have chequered past, but finance experts say it needs help from major institutions to leverage green billions
Ontario a bright spot in weak carbon market outlook
NEWS: Canadian province plans to introduce emissions trading contrast with backsliding in Kazakhstan and South Korea
Exxon Mobil clashes with shareholders over climate question
NEWS: New York State and the Church of England are urging the US regulator to allow a vote on oil major’s exposure to a low carbon shift
UN Green Climate Fund boss to leave in September
NEWS: Hela Cheikhrouhou to leave when terms ends as clouds gather over flagship venture
EU steel lobby seeks protection from China ‘carbon dumping’
NEWS: Industry cites job losses in clash with green campaigners over EU carbon market reforms
Business leaders urge Brussels to tighten carbon market
NEWS: After Paris climate pact, EU must do more to push up the carbon price and drive clean growth, argues Prince of Wales Corporate Leaders Group
Apple launches $1.5bn green bond
NEWS: Technology giant is raising finance for renewable energy, greener materials and efficiency
Bloomberg climate risk initiative targets secret polluters
NEWS: Heavyweight investigation into how business reports vulnerability to climate policies and impacts could leave many corporations exposed, say experts
Builders ‘central’ to Paris climate change pact
NEWS: Financial backers of construction industry must anticipate risks from warmer planet and low-carbon regulations to protect asset value, say new guidelines
Blackrock: World’s largest investor flags up climate risk
NEWS: Letter from CEO Larry Fink says $4.6 trillion asset manager will support activist shareholders focused on ‘long-term value creation’
Green Climate Fund holds Cape Town ‘crisis’ talks over future
NEWS: Clouds are gathering over flagship scheme UN hopes will spark ‘paradigm shift’ in global clean energy and resilience to global warming
Low prices raise concerns for China carbon market
ANALYSIS: Seven pilot schemes are swamped with pollution permits, analysts say, boding ill for national roll-out of mammoth climate policy
Kyte: Universal energy access possible by early 2020s
NEWS: Sustainable Energy 4 All chief says major strides in clean energy, efficiency and finance mean target of powering entire planet is closer than ever
Australia, Japan, US coal burners face ‘utility death spiral’
NEWS: Old power generators are losing market share to wind and solar, say Oxford University analysts, in environmental risk report for investors