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United Nations recognition for Pollinate Energy

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 NOV 2013  |  NEWS
Pollinate Energy, a not-for-profit social enterprise that provides affordable solar lighting to people in India's urban slums, is one of 17 projects recognised by the United Nations Climate Change secretariat. Pollinate Energy and the 16 other projects ...

GRI makes appointments to Stakeholder Council

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 NOV 2013  |  NEWS
Julian Poulter of the Asset Owners Disclosure Project and Amanda Keogh of Fuji Xerox have been appointed to the Global Reporting Initiative's Stakeholder Council. Poulter, executive director of the Asset Owners Disclosure Project, will be a representative ...

CEFC invests $536 million across 39 projects in first year

RACHEL ALEMBAKIS  |  FRIDAY, 8 NOV 2013  |  NEWS
The Clean Energy Finance Corporation (CEFC)'s portfolio includes 39 investments of over AU$536 million, and every dollar that the CEFC has invested has attracted $2.90 of private sector investment. CEFC CEO Oliver Yates The CEFC has released its annual ...

RIAA to engage NZ investors on climate change, investment

RACHEL ALEMBAKIS  |  FRIDAY, 8 NOV 2013  |  NEWS
New Zealand investment management professionals will debate climate change and unburnable carbon among other topics at the Responsible Investment Association Australasia (RIAA) briefing in Auckland today. Simon O'Connor, RIAA CEO The 4 th annual Responsible ...

IGCC welcomes CCA draft report on emissions targets

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 NOV 2013  |  NEWS
The Investor Group on Climate Change (IGCC) welcomes the "pragmatic assessment" of the Climate Change Authority (CCA) draft report, but says it raises questions of how Australia will achieve higher emissions reductions. In its draft report into caps ...

City of Melbourne looks to commercial solar installation

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 OCT 2013  |  NEWS
... risk management side of this, but also a massive opportunity with the commercial side. The City of Melbourne is filled with high-rise commercially viable space- we were erring on the side of caution, looking at low-rise commercial rooftop space. That ...

Investors ask companies for information on fossil fuel exposures

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 OCT 2013  |  NEWS
Australian investors have joined a group of 70 global investors calling on the world's top oil and gas, coal and electric power companies to assess the financial risks of climate change to their business. The Carbon Asset Risk (CAR) initiative, coordinated ...

CBA questioned over carbon emissions calculations

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
The Commonwealth Bank of Australia has reported that it has achieved and exceeded its target to reduce carbon emissions by the end of the 2012/2013 financial year, but it included in its calculations of its reductions a re-allocation of 3,500 tonnes ...

ARENA announces launch of wave-to-electricity unit

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
... contributing more renewable energy into South Australia's electricity mix. Oceanlinx's technology works by waves producing high pressure air, which is converted into grid-quality electricity by a turbine, ARENA said. ARENA is an independent agency established ...

Green bond potential to finance low-carbon chemical industry

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 OCT 2013  |  NEWS
Green bonds could potentially be issued to finance capital investment in the chemical industry, said Sean Kidney, Climate Bonds Initiative CEO. Sean Kidney, Climate Bonds CEO "The latest science shows that carbon emissions in industrialized countries ...