Climate finance
Mandarin Oriental hotel chain linked to Indonesia forest destruction
NEWS: Activists launch She’s Not A Fan campaign, say efforts to protect Indonesia’s forests are being obstructed by Astra Agro Lestari
Fossil fuel subsidies to hit $5.3 trillion in 2015, says IMF study
NEWS: Governments could cut 20% of global greenhouse gas emissions at a stroke if they stopped subsidising oil, gas and coal
Activists split on Oxford University partial divestment
NEWS: Reactions to university rejection of coal and tar sands range from “great leadership” to handing back degrees in disgust
Will the Paris business summit mobilise support for climate action?
ANALYSIS: Business chiefs will showcase low carbon plans this week, but concerns persist they are giving cover to polluting sectors
Norway urged to divest state pension fund from coal
NEWS: Analysis published ahead of a vote in Norway’s parliament argues coal is a financial and climate liability to be avoided
Canada posts pledge for 2015 UN climate change deal
NEWS: Harper government says plan is “fair and ambitious”, but critics point to reliance on carbon credits and inaction on tar sands
Oxford University activists ramp up pressure to divest
NEWS: Amid mixed results for fossil fuel divestment campaigns, Oxford alumni are threatening to hand back their degrees
Apple pledges to power Chinese factories with renewables
NEWS: Technology giant has greened its offices and data centres; now CEO Tim Cook aims to tackle much bigger manufacturing carbon footprint
Edinburgh University considers divesting fossil fuel holdings
NEWS: Campaign to stigmatise oil, gas and coal companies could gain another backer as top Scottish institution considers ditching polluters
New Zealand stresses costs of climate action, looks to carbon markets
NEWS: Government is playing up the challenges of emissions cuts in a consultation on its contribution to a global climate deal
S&P warn climate change will hit corporate credit profiles
NEWS: Transparency from companies on risks posed by global warming likely to become key factor in credit ratings says leading agency
Could green bonds offer a home for capital fleeing fossil fuels?
BLOG: Bonds financed German reunification and Japan’s nuclear fleet – why not the low carbon transition?
EU-Swiss carbon market link raises fears of diluted climate ambition
NEWS: Carbon Market Watch calls for safeguards as emissions trading pact sets precedent for China and South Korea tie-ins
Church of England announces fossil fuel divestment plans
NEWS: Religious body to withdraw £12 million from coal and tar sands as it opts for new ‘ethical’ low-carbon policy
US, Japan and Canada miss Green Climate Fund donation deadline
NEWS: Officials say Paris climate deal depends on effective GCF, but without cash warn they cannot invest in developing countries
G20 to assess ‘carbon bubble’ threat – media reports
NEWS: United States, China, India, Russia, Australia, and Saudi Arabia to probe risks of stranded assets ahead of UN climate pact
EU to take carbon market decision the size of Cambodia
NEWS: The difference between two options on reforms to key climate policy is 153 million tonnes CO2, say analysts
Pension funds failing to manage climate risk could get sued
NEWS: Some 85% of the world’s biggest asset owners are doing little or nothing to cut their carbon footprints, AODP reveals, as it prepares to take legal action
SOAS first London university to divest from fossil fuels
NEWS: University will phase out £1.5 million holdings in oil and gas equities within three years, to highlight climate threat
Print money for climate finance, central banks told
NEWS: German think-tank proposes issuing Green Climate Bonds to raise billions for low carbon technology and climate adaptation in poor countries