Investment and Finance
Stories in this feed are from Environmental Finance Online, a monthly magazine covering the ever-increasing impact of environmental issues on the lending, insurance, investment and trading decisions affecting industry.
8 October: The chairman of financial services group Aviva today called for the Carbon Disclosure Project to move from disclosure to mitigation – a proposal which was met with an enthusiastic reception by the CDP’s chairman and chief executive.
8 October: The European Commission has proposed a list of six carbon capture and storage projects to receive a total of €1.05 billion ($1.6 billion) in funding, but industry representatives are concerned about the lack of transparency involved in the selection procedure.
8 October: Global investment in clean energy slipped to $25.9 billion in the third quarter of 2009, according to analysis firm New Energy Finance, down from $28.6 billion in the second quarter and 22% below the same period last year.
8 October: Long-term investors should consider shifting out of equities and into bonds, unless they believe ambitious efforts to tackle climate change are likely, a working paper by French pension fund Fonds de Reserve pour les Retraites suggests.
3 September: The first clean-technology company to seek a stock market listing in London since the financial crisis began trading yesterday – but with just £9.75 million ($15.75 million) raised, down from the £25 million hoped for by Indian Energy’s brokers.