Climate finance
World Bank and IMF stress urgency of climate action
Leading financial institutions agree that immediate action must be taken on climate change while world waits for global deal
MPs object to attempts to water down UK carbon budget
Morning summary: MPs fight for robust carbon budget; divestment campaign threatens coal; and Asian stinging ant set to spread as climate change worsens
Divestment stigma threatens fossil fuel’s future – report
Fossil fuel companies need to diversify if they are to continue trading profitably, a report from the University of Oxford warns
Green Climate Fund must deliver transparency and integrity – NGOs
NGOs promote ethical investment as Green Climate Fund board meets to decide how to deliver $100bn to developing countries
Goldman Sachs to invest $1.5 billion in Dong energy
Investment is likely to safeguard the future of one of the world’s biggest wind farm operators
Marks and Spencer tops carbon performance charts
Top 10 performers in Carbon Clear rankings include BT, National Grid, Unilever, Reed Elsevier, Sainsbury’s, BSkyB, Barclays and HSBC
UK banks ‘leading funders’ of Indonesia coal mining
HSBC, Barclays, Standard Chartered, RBS and Lloyds, underwrote bonds and shares in fossil fuel companies worth £170 billion between 2010 and 2012
Tesco launches ‘energy efficiency club’
Over 700 businesses expected to benefit from initiative designed to offer energy efficient products to Tesco customers
IPCC AR5: latest reaction from John Kerry, Christiana Figueres and Bob Watson
The IPCC has delivered its verdict, and the responses are rolling in from around the globe
Seven countries launch new ‘economics of climate change’ analysis
South Korea, Ethiopia and the UK join four others to fund $8.9 million review of costs and benefits of cutting carbon emissions
World faces $40 billion annual bill due to damaged ecosystems
Report released at UN land degradation summit in Namibia calls on governments to place economic value on soil, water, and trees
Ten top climate change apps for your smartphone
Knowledge is only a tap away – here are nine top apps to help you understand climate science and policy
RGGI: proof carbon trading can work in the USA?
Regional Greenhouse Gas Initiative celebrates fifth birthday and eyes further expansion across the country
Analysis: UN climate finance talks lay foundation for Warsaw summit
A series of UN-sponsored long term climate finance talks concluded today in South Korea. E3G’s Amal-Lee Amin explains what we have learnt
How are multinational corporations tackling climate change?
John Lewis, Apple, Facebook and Nestlé are taking small strides in cutting energy costs and promoting energy efficiency measures
World’s 50 largest emitters ignoring climate risks – report
Research from CDP and PwC reveals 50 companies are responsible for 73% of greenhouse gas emissions from world’s top 500 firms
Clean energy financing broke US$100 billion barrier in 2012
Development bank funding for low carbon projects broke landmark barrier last year according to Bloomberg New Energy Finance
UK clean energy investors face ‘valley of death’ warns fund manager
Adam Workman from 350 Investment Partners says positive outlook of low carbon business belies a challenging sector
Pressure mounts on EU development bank to kill coal funding
Currently half of the EBRD’s US$8.9 billion energy portfolio supports fossil fuels, which includes US$1 billion in past financing for coal
World’s top banks to penalise businesses that damage nature
43 leading financial institutions including World Bank plan to cut credit for companies which rely on them but fail to value them