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Online News 17 April
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News

ADB to seed up to $1.2 billion of clean energy funds
17 April: The Asian Development Bank has named five clean energy private equity funds to which it is providing up to $100 million in seed financing. More…

EU biofuels sustainability criteria could be toughened (from Bioenergy Business)
17 April: European legislation could rule that biofuels must produce savings in greenhouse gas emissions of more than 35% over fossil fuels, according to a proposal contained in an interim report from an EU working group. More…

Bidders circle beleaguered Econergy (from Carbon Finance)
17 April: The recent poor share price performance of Econergy International has prompted at least two possible bids for the renewable energy and carbon project developer. More…

Investors fall short on climate risk assessment – IIGCC
17 April: Investors are more aware of climate change than previously, but are failing to fully assess the risks it poses when the financial implications are not clear, according to the European investor body Institutional Investors Group on Climate Change. More…

Storm Exchange buys weather forecasting firm
17 April: Weather risk management service Storm Exchange is to acquire Weather Ventures, a Pennsylvania-based forecasting company, for an undisclosed sum. More…

CDP and IBM to survey firms on ‘carbon intelligence’
17 April: The Carbon Disclosure Project and IBM are to survey companies with a good record on gathering and disclosing data on their carbon dioxide emissions, in order to produce a best practice guide. More…

New issue of Carbon Finance out now
17 April: The April issue of Carbon Finance is now available, including the latest on the 2007 verified emissions data from installations in the EU Emissions Trading Scheme. More…