IFC and the Hong Kong Monetary Authority will bring together financial and research institutions as well as technology providers to develop, build and boost the capacity for green finance

The energy giant’s growth has been supported by an increase in installed renewable capacity

Around 120 financial institutions have access to the platform, with $5.8bn of climate disbursed loans reported so far

Under the new rules, one of the environmental objectives that should be considered is climate change mitigation and adaptation

  Investments in new wind energy capacity in Europe fell to €22.3 billion (£19.8bn) last year. It was down 19% from 2016 as the sector saw reduced costs, according to the latest statistics from WindEurope. While offshore wind investments dropped by 60%, down to €7.5 billion (£6.7bn), onshore investments hit a record level of €14.8 […]

The University of Edinburgh has announced it is ditching all its fossil fuels investments. It follows its commitment, made in 2016, to become carbon neutral by 2040. The university aims to complete its transition out of fossil fuel investments – currently representing less than 1% of its total funds under management, which is around £1 […]

The Department for International Trade (DIT) has secured more than £16 billion of foreign investment in five months. It states the money raised since the creation of the new department has boosted job creation and industry growth across the whole of the UK, including the energy sector. In November, International Trade Minister Greg Hands spoke to DONG […]

The Czech Republic has been urged to encourage more energy investments. The International Energy Agency (IEA) recently praised the country in its latest energy policy review, stating it has the highest level of power interconnection capacity within Central Europe and is equally well connected to surrounding gas markets. However, the report also says the government needs […]

More than a fifth of renewable energy firms have recorded a loss this year. Of these, around half have recorded a loss for the second year in a row. Analysis of 961 green companies from Plimsoll Publishing, shows 257 firms recorded a loss this year, 126 made a loss for the second year running and […]