Climate finance
Prince Charles: Business must act to tackle climate change
NEWS: Heir to UK throne says time is running out to develop a more socially and environmentally aware capitalism
UN climate fund chief rejects claims it will finance fossil fuel projects
NEWS: Executive Director Hela Cheikhrouhou says safeguards will ensure only ‘low carbon and resilient’ projects receive funding
UN’s Green Climate Fund ‘ready’ to start work
NEWS: Board agree eight essential requirements, meaning GCF is now ready to start accepting funds from donors
Green Climate Fund edges closer to reality
NEWS: Board agree on risk management framework, one of six ‘essential elements’ that will allow GCF to become operational
Shell dismisses Carbon Bubble concept as ‘alarmist’
NEWS: Letter from senior executive to shareholders says oil and gas likely to dominate energy mix till 2050s
Green Climate Fund could end up financing coal and gas, warn NGOs
NEWS: Concerns India and China could push for looser green safeguards as GCF board gathers to rubber-stamp regulations
Trillions at stake as Green Climate Fund board meet in Korea
NEWS: Observers say success of 2015 UN climate change deal hinges on successful launch of GCF later this year
Fossil-free investment portfolios soared 50% in 2013
NEWS: Investment managers are increasingly offering fossil-free portfolios to their clients, survey finds
Divestment campaign spreads to New Zealand
NEWS: Dunedin becomes first city in New Zealand to stop investing in fossil fuels
Banning HFCs from 2020 could make big climate impact – study
NEWS: Early phase-out of super climate gases could stop release of 146 billion tonnes of CO2-equivalent by 2050
OECD: Rich countries will suffer as planet warms
NEWS: Disasters will be more frequent and complex across even the most advanced economies, warns OECD report
UN to back Pope Francis statement on ‘human ecology’
NEWS: UN will support Pope Francis’ expected encyclical on man’s relationship with the planet, says Christiana Figueres
High cost oil reserves pose investment risk
NEWS: Exploring for new fossil fuel reserves poses threat of stranded assets, says Carbon Tracker Initiative in new study
Stanford University divestment is a warning to coal industry
ANALYSIS: Stanford’s divestment from the coal industry could mark beginning of a new wave of investor action on climate change
Stanford University to end investment in coal
NEWS: Prestigious American university pledges to divest its $18.7bn endowment fund from coal industry
Australian banks lose millions of dollars as customers divest
NEWS: Hundreds of customers have closed accounts at Australia’s four biggest banks in protest at their fossil fuel investments
UN set to target HFCs at Abu Dhabi climate meeting
NEWS: Countries will debate reduction in use of potent greenhouse gases under UN’s ozone treaty
It’s time to look beyond the UN’s $100bn climate finance target
COMMENT: Fixation on hitting arbitrary figure distracts from true goal of building green and resilient communities
Sweden delays $45m Green Climate Fund contribution
NEWS: Slow progress in setting up UN-backed funding mechanism causes confidence to dip to a new low
Campaigners release ‘hit list’ of 200 largest fossil fuel companies
NEWS: Divestment index reveals polluting companies which ethical investors ‘should avoid’