Climate finance
New York $1 billion green bank “open for business”
Homes and businesses in New York State could find it easier to afford low carbon technology as Green Bank launches
Surging emissions lead South Korea to query climate targets
South Korea may have to let heavy industry emit more after underestimating 2020 carbon footprint, says study
Church of England considers divesting from fossil fuels
Church agrees to take a more active stance on climate change, including reexamination of where they invest their funds
Cities can help UN climate talks, Bloomberg tells C40 summit
Progress by cities in cutting CO2 should inspire climate talks, says UN climate envoy and former NYC mayor
Norway’s giant wealth fund deals $405m blow to coal industry
World’s biggest wealth fund under pressure to get out of coal, but analysts say many others likely to take their place
World Bank chief backs fossil fuel divestment drive
Jim Yong Kim says levels of carbon dioxide threaten development gains over the past two decades
Al Gore: world close to a ‘political tipping point’ on climate change
Superstorms Sandy and Haiyan raising awareness of climate threats says former US VP, as leaders discuss solutions in Davos
OECD proposes plan for ‘zero emissions’ at Davos
Fossil fuel subsidies and pricing carbon fundamental to cutting global greenhouse gas emissions says Angel Gurria
Coca Cola installs one millionth HFC-free drinks cooler
Company says $100 million investment is equal to removing one million cars from roads every yea
Lord Browne: fracking is ‘not going to go away’ in the UK
Cuadrilla chairman and former BP chief says shale gas can help UK meet climate targets and boost energy security
Value of coal assets ‘could be halved’ if world goes low-carbon
Coal becoming an increasing financial risk for big mining houses as divestment from the fossil fuel gains traction, says a new report from HSBC
Women and under-30s most concerned about climate change
Survey of 700 global experts offers intriguing glimpse into risk perception in latest World Economic Forum study
10 ways to generate $36 trillion of green investments by 2050
Leading low carbon group CERES outlines how $1 trillion a year for low carbon infrastructure can be generated
Fund managers who ignore climate risk breaching ‘fiduciary duty’
UN climate chief says future investments must reflect need for planet to avoid warming to dangerous levels
Northeastern US states tighten carbon trading scheme
Regional Greenhouse Gas Initiative announces 45% cut in size of emissions cap in bid to boost market prices
Fossil fuel giants face ‘climate stress test’ call at UN summit
New York ‘climate risk’ meeting will call on oil majors to evaluate size of carbon reserves that are incompatible with warming world
US heavyweights unite to establish economic cost of climate change
Michael Bloomberg, Tom Steyer and Hank Paulson have teamed up to put a price tag on the climate impacts in the US
Flooding could cost UK insurance industry £400 million
Consultants PwC say flooding costs to insurance industry will continue to rise, as government’s new scheme accused of neglecting climate impacts
California’s CO2 market enjoys strong first year in 2013
High carbon prices and strong business engagement praised in report from influential Environmental Defense Fund
Are the economics and ethics of fossil fuel divestment aligning?
Divestment movement needs to target fund managers’ fiduciary duty and explain why fossil fuel investments will end in financial disaster