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Business

Developing countries close to taking lead in clean energy race

NEWS: Renewables close to supplying 10% of global electricity supply says UN report, as China’s solar surge continues

Business, Technology
Coral v coal: Is the Great Barrier Reef in danger?

ANALYSIS: Permits for new coal ports on the Queensland coast are at odds with efforts to keep the reef off Unesco’s “endangered” list

Business, Nature
Major companies use lobby groups to water down EU climate policy - study

NEWS: Businesses should reconsider links with trade associations hostile to climate action, argues Policy Studies Institute

Business
Green Climate Fund urged to ban coal funding

NEWS: Revelations Japan is using climate funds to invest in coal power put UN’s flagship fund under pressure to agree fossil fuel ban

Business
Insurers told to pull cover from coal companies

NEWS: Climate risks linked to burning coal should make insurers think again before backing industry, says Jeremy Oppenheim

Business
UK government Green Bank to invest in Africa and India

NEWS: State-backed bank given £200 million to back overseas clean development projects and boost private sector funding flows

Business
What next for the Green Climate Fund?

ANALYSIS: With clock ticking for Fund to start delivering cash, board meets in Korea to discuss how it will leverage billions in private sector funds

Business
UN climate envoy backs fossil fuel divestment movement

NEWS: Mary Robinson says funds should consider the impact of their fossil fuel investments on communities vulnerable to climate change

Business
Oxford University delays fossil fuel divestment decision

NEWS: Campaigners disappointed as University Council puts off decision on future of £3.8bn endowment until May

Business
Climate one of "top risks" facing insurance industry - Mark Carney

NEWS: Bank of England chief defends climate risk investigation against “green claptrap” jibe from Lord Lawson

Business
Twist on carbon footprinting 'could unblock' UN climate talks

NEWS: Scientists hope proposed new method of carbon accounting will bridge divisions between rich and poor countries

Business
Green Climate Fund looks to crowdfunding for cash boost

NEWS: Innovative platform could attract wider range of investors as GCF seeks to expand private sector links, say officials

Business
North-South climate finance lower than advertised – UN

NEWS: Experts say confusion over what does and does not qualify as green funds must be clarified by UN summit in Paris later this year

Business
Green energy investor returns rise as carbon bubble looms

NEWS: Falling costs of renewables, green bonds growth and prospect of UN climate deal driving confidence in clean energy sector

Business
UN: African Robin Hood tax could fund climate adaptation efforts

NEWS: Tax on finance, trade and tourism could net estimated $13 billion a year to help countries face expected extreme weather impacts

Business
Bank of England: finance bodies should assess climate risk

NEWS: In discussion paper issued by UK’s central bank, finance world considers how it could green its investments

Business
EU vote bolsters flagging emissions trading scheme

NEWS: Parliament votes to hold back oversupply of carbon allowances in “game changing” move for EU climate action

Business
Citi doubles climate finance pledge to $100bn over 10 years

NEWS: America’s third largest bank has channeled more than US$50 billion into climate friendly projects since 2007

Business
Yes Bank issues India's first green bond

NEWS: India’s fourth biggest private bank is aiming to raise up to US$250 million for renewable energy projects

Business
BP energy outlook highlights climate action gap

NEWS: BP forecasts a 37% rise in energy demand by 2035, blowing the emissions budget consistent with a 2C world

Business