Investor alliance sign petition to US stock market

(ClimateRadar.com) A broad coalition of investors, state officials with regulatory and fiscal management responsibilities, and environmental groups today filed a landmark petition asking the Securities and Exchange Commission (SEC) to require publicly-traded companies to assess and fully disclose their financial risks from climate change. The 22 petitioners include leading institutional investors in the U.S. and [...]

Schroders launches new Climate Change Fund

(ClimateRadar.com) On September 28th, Schroders, a global asset managment company, will launch a global climate change fund. It will be managed by Simon Webber and Matthew Franklin, who already run a similar climate change fund for Asian investors. Although not launched, you can check this webcast about the reasons driving the fund.

http://mediazone.brighttalk.com/comm/Schroders/07b70c5534-3620-681-3231

Venture Capital reaping Billions

 
(ClimateRadar.com) European venture capital investors are on track to realise annualised gross returns above 50% from investment in clean energy companies, according to the second annual European Clean Energy Venture Returns Analysis, completed by New Energy Finance to coincide with the European Energy Venture Fair 2007, taking place this week in Zurich.
http://www.newenergyfinance.com/docs/Press/2007-09-18_Venture_Investors_in_Clean_Energy.pdf 

Carbon trading market will be $100bn by 2020

(ClimateRadar.com) According to a new report launched by Lehman Brothers, the size of the carbon trading market will be $100bn by 2020.
http://www.lehman.com/press/#0907

MunichRe covers renewable energy projects in India

(Source: The Economic Times, India) Munich Re has developed an insurance cover that will boost renewable energy projects in India by guaranteeing polluters in developed countries carbon credits from their investments in renewable energy projects in developing countries such as India. http://economictimes.indiatimes.com/News/News_By_Industry/Energy/Power/Renewable_energy_projects_to_get_Munich_Re_cover_in_India/articleshow/2391910.cms

Credit card aiming to fight climate change

(ClimateRadar) A new American startup, BrighterPlanet, will be releasing their first product, the patent-pending Bright Card. It is a credit card with a green twist — instead of getting points [...]

First Environmental fund of hedge funds launched

 
(ClimateRadar) A new fund of hedge funds is revolutionising the way the climate change industry will be financed.
https://www.rmf.ch/multimedia/news/press_articles/2007/pr050907_rmf_trading.pdf

PRESS RELEASE: $3 million fund to aid renewables

 
(ClimateRadar) CANADA – The Community Power Fund has launched today a new $3 million fund to support community-owned renewable energy projects in Ontario. This fund is the first of its kind in Canada.
http://www.cpfund.ca/pdf/fund-launch-release.pdf

INDIA: Cost of dealing with climate change: 2% of GDP

(The Times of India) The development projects India is undertaking to reduce impacts of climate change is already cutting into its GDP. In 2006-07, India used 2.17% of its GDP on projects that will help communities adapt to climate change and reduce their vulnerability to climate change.
http://timesofindia.indiatimes.com/India/Cost_of_dealing_with_climate_change_2_of_GDP_/articleshow/2373069.cms 

F&C opens Climate Change Fund

(Financial Times) F&C Investments is launching a new climate change fund tomorrow, which will invest in companies who are addressing climate change and are involved in reducing greenhouse gas emissions.
http://ftadviser.com/?m=11173&amid=119255