Australia to set up $10bn Clean Energy Finance Corp

The Australian Government announced on the weekend it will set up a “Clean Energy Finance Corporation” (CEFC) as a statutory body. The initiative is part of a large package of climate change finance measures, including a long-awaited carbon tax. Described by ‘Responsible Investor’ magazine as Australia’s version of a Green …

Green Investment Bank to begin lending from next April

BREAKING NEWS Clegg: Green Investment Bank to begin lending from next April Deputy prime minister confirms new bank will be fully independent and will start lending within 11 months READ» ALSO IN THE NEWS Australian climate change report bolsters Gillard’s carbon tax campaign Commission argues carbon sequestration alone will not …