Climate finance
Keystone pipeline could increase oil sands investment by 20% – report
Carbon Tracker says KXL approval would not benefit investors by as much as is widely assumed
Shanghai and Beijing latest Chinese cities to launch carbon trading schemes
Over 190 companies started trading carbon credits in Shanghai today, with another scheme in Beijing set to launch next week
Brazil, Chile and Nicaragua top Latin America low carbon index
Clean energy investment in the three countries topped US$11.3 billion in 2012 says Bloomberg
Warsaw climate pact: reaction from PwC, KPMG and IKEA
Reaction from PwC, KPMG and Institutional Investors Group on the COP 10 climate summit
EU directs 20% of budget to climate change on eve of UN finance meeting
EU has confirms budget for next seven years, directing €180bn towards climate finance, with €15bn to go towards developing countries
Coal industry must face ‘climate reality’, warns UN chief
UN climate chief tells coal summit that business must “transform rapidly”, while industry leaders emphasise bright future for coal
Walmart accused of ‘greenwashing’ over clean energy claims
Report says company would take 33rd place in Greenhouse 100 Polluters Index if included, just behind Chevron
Carbon market ‘toolbox’ – precursor to a global deal, or a waste of time?
Negotiators in Warsaw will look to establish guidelines to create a standardised global carbon trading market
UN sets environmental ‘guidelines’ for business to adopt
First-of-its-kind guide from UN Global Compact calls on companies to align corporate sustainability initiatives and climate policy
Campaign for a greener Christmas launched
Crowdfunding company Abundance Generation wishes you a greener Christmas
Unilever to source 100% sustainable palm oil by 2014
Global food and consumer goods giant currently purchases around 3% of the world’s total production of palm oil
Funding drought threatens 2015 UN climate agreement – report
Oxfam says developed nations spend up to US$90 billion on fossil fuel subsides, but have slashed climate finance support
HSBC accused of financing Borneo rainforest destruction
World’s third largest bank with over 60 million customers has been accused of financing deforestation in Borneo
National Trust launches UK emissions cutting network
This ‘organic’ network of charities, landowners and business will trade best practice ideas to combat climate change
Norway’s $800bn sovereign fund could ditch coal investments
Opposition party says country’s vast sovereign wealth fund must consider negative impact coal has on the environment
EU climate chief demands action to address “emissions gap”
Morning summary: EU climate chief calls for action on cutting emissions; China’s corn harvest set to decline after flooding and drought; and Norway’s Sovereign Wealth Fund could divest from coal
Is the rise of Islamic finance good news for the environment?
Economic and ethical focus of fast expanding Islamic banks could be good news for green investments
World’s carbon budget could be blown by 2034 – PwC
PwC report warns that current rate of decarbonisation leaves world is on track to exceed “carbon budget” in just over two decades
Shell hopes Arctic drilling will resume in 2014
Shell hopes Arctic drilling will resume in Chukchi Sea next year, after setbacks caused programme to be suspended this summer
Al Gore issues four point investment plan for a carbon-free world
Al Gore and David Blood highlight need for transparency, disclosure of risks, low-carbon investment and divestment from fossil fuels