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Business

Banks invest record €66bn in coal sector

NEWS: Private banks are stepping in to finance coal mines and power stations as development banks divest, finds BankTrack

Business
US banks deny funds to coal port near Great Barrier Reef

NEWS: Rainforest Action Network welcomes commitment by four US banks not to invest in project that will support new coal mines

Business
Forest carbon projects turn to consumers in quest for cash

NEWS: Stand for Trees campaign will open up voluntary forest carbon market to ordinary people, as well as governments and corporations

Business
Divestment campaigners set their sights on UK banks

NEWS: Activists put pressure on banks to pull out of fossil fuel companies in demonstrations outside HSBC, Barclays and RBS this week

Business
UK calls for aggressive ETS reform ahead of EU2030 deal

NEWS: The carbon market must be reformed quickly to support the 2030 climate goals due to be agreed this week, argues UK

Business
UN's Green Fund says all obstacles for pledges now removed

NEWS: Executive director hails Barbados meeting as start of an era for GCF, expects US$10 billion by end of 2014

Business
Brazilian tribesman takes his forest message global

INTERVIEW: As Brazil’s government goes cool on forest protection, an indigenous leader speaks up for his people’s role

Business
Qingdao prepares China's 8th regional carbon market

NEWS: A Chinese city of 9 million people is getting in on emissions trading, despite being left out of an official pilot programme

Business
Take on the "fatcats" or scrap EU carbon market - think-tank

NEWS: Europe’s emissions trading system is failing as steel and cement companies hoard excess pollution permits, warns Sandbag

Business
EU scraps plan to highlight tar sands pollution

NEWS: Refiners need to report the average carbon impact of petrol and diesel, but not identify highly polluting sources, under new rules

Business
EU chief forced to remix top jobs as MEPs flex their muscles

NEWS: Jean-Claude Juncker must reconsider his choices – and the two candidates for lead EU roles on energy and climate look vulnerable

Business
Leading Australian pension fund ditches coal holdings

NEWS: LGS chief executive cites increased risks of fossil fuel assets as reason for divestment

Business
Berlin to host UN climate finance summit in November

NEWS: Green Climate Fund plans “resource mobilisation” meeting in German capital to hit US$10 billion target for 2014

Business
Candidate for top EU climate job defends oil links

NEWS: Miguel Arias Canete declared his support for EU climate change goals, under fierce questioning from MEPs

Business
Australian and Indian businesses lead calls for greener energy

NEWS: Volatile fossil fuel prices are encouraging some businesses to source greener forms of power, says Grant Thornton report

Business
No greenwash: Investors urged to disclose climate strategy

NEWS: More than 1,000 investors worth US$70 trillion have been challenged to show how they are managing climate risk

Business
Marina Silva, the Amazon champion who could lead Brazil

ANALYSIS: Known globally as a tireless defender of the rainforest, Marina Silva has a strong chance of becoming Brazil’s next president

Business
Investors worth US$2trn back green bonds at NY Climate Week

NEWS: Pension funds, insurers and asset managers show an appetite for low risk, climate-friendly investments

Business
Strong Paris deal needed to make carbon pricing work - analysts

NEWS: Carbon markets are only as good as the political goals that underpin them, say analysts in response to New York pledge

Business
Half the globe backs World Bank carbon price movement

NEWS: Shell, Nokia and Lego are among 1,000 businesses to join governments in support of carbon pricing

Business