Companies should have to incorporate climate change risks in their financial reports

Megan Darby writes in The Guardian about a recommendation from a lead analyst that companies should be required to disclose their climate risk exposure to avoid major legal issues – and probably much more.   Bloomberg climate taskforce targets financial filings Climate risk information should form part of companies’ routine financial filings, a taskforce led … Continue reading Companies should have to incorporate climate change risks in their financial reports

Latest update on sustainable energy finance

The International Institute for Sustainable Development (IISD) provides the March update on global developments in sustainable energy finance.   Sustainable Energy Finance Update: Majority of 2015 Renewables Investment Went to Developing Countries When governments adopted the Sustainable Development Goals (SDGs) in September of last year, they agreed to a goal of ensuring access to affordable, … Continue reading Latest update on sustainable energy finance

China and India leading the way in investments in renewable energy

It is encouraging to see how the low carbon energy transition is evolving. In Europe, we were always worried that non-OECD countries would follow the same high carbon development path that we took. Well, the signs are encouraging that sustainable energy policies are making strong headway. Yes, there is probably too many fossil fuels being … Continue reading China and India leading the way in investments in renewable energy

Investments in renewable energy in Europe seriously weakened last year

Investment in renewable energy technologies in Europe last year plummeted by more than half to $58bn, the lowest level in a decade, analysis shows. Fiona Harvey writes in The Guardian about these discouraging results.   European clean tech industry falls into rapid decline Europe’s once world-beating clean technology industry has fallen into a rapid decline, … Continue reading Investments in renewable energy in Europe seriously weakened last year

New UK fund to promote improved energy performance of commercial buildings

We are all concerned about finding adequate financing for energy efficiency projects. Priyanka Shrestha writes on the Energy Live News website about a new fund established by a commercial bank in the UK to support energy performance improvements. This is a welcome development.   Lloyds Bank launches £1bn energy efficiency fund A new £1 billion … Continue reading New UK fund to promote improved energy performance of commercial buildings

Importance of accelerated depreciation tax benefit for renewables in India reviewed

Sharad Raghavan writes an important article on The Hindu website on the importance of financial support to help the investments flowing in renewable energy in India. The reduction in accelerated depreciation tax benefit certainly has affected the sector. There is an important question raised about why private banks are not lending to solar projects.  You … Continue reading Importance of accelerated depreciation tax benefit for renewables in India reviewed

Latest update on sustainable energy finance

The International Institute for Sustainable Development (IISD) provides the February update on global developments in sustainable energy finance.   February 2016 Sustainable Energy Finance Update During the month of February, the African Development Bank (AfDB), the Asian Development Bank (ADB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Nordic … Continue reading Latest update on sustainable energy finance

Latest update on climate finance

The International Institute for Sustainable Development (IISD) provides the February update on global developments in climate finance.   February 2016 Climate Finance Update During the month of February, the Asian Development Bank (ADB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Climate Investment Funds (CIF) and the World Bank, … Continue reading Latest update on climate finance

Britain’s Green Investment Bank about to lose its green purpose

Everyone, even outside the UK, hailed the creation of the Green Investment Bank. Now the Conservative government will change the bank’s mission so that it will no longer be required by law to invest in green schemes. Adam Vaughan discusses the plans in The Guardian.   Green investment bank 'no longer required by law to … Continue reading Britain’s Green Investment Bank about to lose its green purpose

Latest update on climate finance

The International Institute for Sustainable Development (IISD) provides the January update on global developments in climate finance.   January 2016 Climate Finance Update During the month of January, the Asian Development Bank (ADB), the African Development Bank (AfDB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Inter-American Development Bank … Continue reading Latest update on climate finance