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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 ...

Natural Capital Declaration named biodiversity champion

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 NOV 2013  |  NEWS
The Natural Capital Declaration (NCD) has been named a Biodiversity Champion by the secretariat of the Convention on Biological Diversity (CBD). CBD recognised NCD for its contribution to the implementation of the Strategic Plan for Biodiversity 2011-2020. ...

bankmecu: integrated reporting develops integrated thinking

RACHEL ALEMBAKIS  |  FRIDAY, 8 NOV 2013  |  NEWS
bankmecu's corporate reporting and annual general meetings have become more integrated and forward looking as a result of the bank's use of the International Integrated Reporting Council (IIRC)'s draft guidelines to produce integrated annual reports ...

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 ...

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 ...

DLA Piper: climate change legal risk in property development

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
State legislation requiring local municipal bodies to take climate change into account when considering property development proposals are leading to unexpected and unpredictable outcomes that expose companies and government authorities to legal risk ...

ARENA announces launch of wave-to-electricity unit

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
The world's first wave-energy-to-electricity unit has been launched in Port MacDonnell, South Australia, the Australian Renewable Energy Agency (ARENA) has announced. ARENA provided funding to Oceanlinx, which designed and constructed the one megawatt ...

Willingness to pay affects BlackRock sovereign debt scores

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
Political dysfunction in the United States has affected BlackRock's rating of its willingness to repay sovereign debt, according to the quarterly update of the BlackRock Sovereign Risk Index (BSRI). The BSRI focused on the US and what it labels the ...

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 ...

Companies face uncertainty from timing of carbon tax repeal

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2013  |  NEWS
Companies that are currently liable under the carbon pricing mechanism (CPM) face uncertainty over their compliance and potential pricing arrangements if the government's proposed legislation to repeal the price on carbon is not passed by July 2014. ...