Climate finance
Green Climate Fund urged to ban coal funding
NEWS: Revelations Japan is using climate funds to invest in coal power put UN’s flagship fund under pressure to agree fossil fuel ban
Insurers told to pull cover from coal companies
NEWS: Climate risks linked to burning coal should make insurers think again before backing industry, says Jeremy Oppenheim
UK government Green Bank to invest in Africa and India
NEWS: State-backed bank given £200 million to back overseas clean development projects and boost private sector funding flows
What next for the Green Climate Fund?
ANALYSIS: With clock ticking for Fund to start delivering cash, board meets in Korea to discuss how it will leverage billions in private sector funds
UN climate envoy backs fossil fuel divestment movement
NEWS: Mary Robinson says funds should consider the impact of their fossil fuel investments on communities vulnerable to climate change
Should the Green Climate Fund back waste to energy plants?
COMMENT: Burning trash is polluting, expensive and inefficient say zero waste campaigners, and should not receive backing from low carbon funds
Oxford University delays fossil fuel divestment decision
NEWS: Campaigners disappointed as University Council puts off decision on future of £3.8bn endowment until May
UN climate change body backs fossil fuel divestment campaign
GUARDIAN: Climate convention lends ‘moral authority’ to campaign to get investors to ditch fossil fuel investments
China’s dirty coal plants face climate risk, investors warned
NEWS: Chinese companies are most exposed to power stations threatened by environmental regulation, say Oxford University researchers
Climate one of “top risks” facing insurance industry – Mark Carney
NEWS: Bank of England chief defends climate risk investigation against “green claptrap” jibe from Lord Lawson
Twist on carbon footprinting ‘could unblock’ UN climate talks
NEWS: Scientists hope proposed new method of carbon accounting will bridge divisions between rich and poor countries
Green Climate Fund looks to crowdfunding for cash boost
NEWS: Innovative platform could attract wider range of investors as GCF seeks to expand private sector links, say officials
North-South climate finance lower than advertised – UN
NEWS: Experts say confusion over what does and does not qualify as green funds must be clarified by UN summit in Paris later this year
Green energy investor returns rise as carbon bubble looms
NEWS: Falling costs of renewables, green bonds growth and prospect of UN climate deal driving confidence in clean energy sector
UN: African Robin Hood tax could fund climate adaptation efforts
NEWS: Tax on finance, trade and tourism could net estimated $13 billion a year to help countries face expected extreme weather impacts
Bank of England: finance bodies should assess climate risk
NEWS: In discussion paper issued by UK’s central bank, finance world considers how it could green its investments
EU vote bolsters flagging emissions trading scheme
NEWS: Parliament votes to hold back oversupply of carbon allowances in “game changing” move for EU climate action
Citi doubles climate finance pledge to $100bn over 10 years
NEWS: America’s third largest bank has channeled more than US$50 billion into climate friendly projects since 2007
Yes Bank issues India’s first green bond
NEWS: India’s fourth biggest private bank is aiming to raise up to US$250 million for renewable energy projects
Economists warn of “lost decade” risk for EU carbon market
NEWS: Ahead of key European Parliament vote next Tuesday, researchers urge early reform to prop up flagship climate policy