China environmental spending to top $8 bln to 2015
China is expected to invest more than 5 trillion yuan (USD817 billion) in environmental protection during the 12th Five-year Plan period (2011-2015), an environmental protection official said on...
View ArticleUN climate funding not reaching tiny Pacific islands at most risk
At a meeting in the Mongolian capital Ulan Bator where land-locked developing countries and small island states debated how to ensure future food security amid hotter weather and rising sea-levels,...
View ArticlePanasonic’s China expats to get 'pollution pay'
Japanese electronics giant Panasonic announced today that it would give it China-based expatriate employees compensation for having to deal with the country's hazardous air pollution.read more
View ArticleJapan to offer subsidies for end-user energy storage
Japan will offer to pay individuals and businesses up to two-thirds of the cost of lithium-ion battery storage systems for renewable energy, PV-Tech reports.read more
View ArticleMalaysia delays announcement of revised FiT quota
Announcement of the feed-in tariff (FiT) quota for the next round of bidding by Malaysia’s renewable energy project developers, has been deferred to the second quarter of this year. It was due to be...
View ArticleIndia slashes 2014 renewables budget after underspend
Read Full StoryIndia’s Ministry for New and Renewable Energy (MNRE) will have its budget for the coming year slashed dramatically, according to a report in PV Tech.read more
View ArticlePhilippines to get $1 bln US trade funds for LNG and renewables
The Philippines' Department of Energy (DOE) and the US Export-Import Bank have signed a memorandum of understanding for USD1 billion worth of financing options to further develop the country's...
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India must shift incentive policies to meet renewable goals
India’s goals of doubling renewable energy capacity to 55-GW by 2017 will require a big change in government policy to become if it is to become a reality, according to a study by the Climate Policy...
View ArticleFirst China CERs come to market, 6th pilot exchange starts next week
China’s National Development and Reform Commission has given approval for two wind farm projects to supply carbon emission offsets to the country’s fledgling carbon markets. The two projects are...
View ArticleInsurer told to stop selling gimmicky smog policies
Sales of smog insurance in China have been halted after a watchdog said they were "publicity stunts" in violation of regulations.read more
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China may create unified market for pollution permits by 2017
China’s State Council is reviewing plans to establish a nationwide cap-and-trade system for air and water pollution permits within three years after the ministries of environmental protection and...
View ArticleJapan cuts back on solar in favor of more wind
Japan has moved to address the serious imbalance that has developed in renewable energy investment by cutting the feed-in tariff (FiT) for solar power by 11 percent from 1 April while introducing a new...
View ArticleIndonesian geothermal project given $350 mln ADB boost
The Asian Development Bank (ADB) has signed a USD350 million financing package supporting the construction of the 320-MW Sarulla Geothermal Power Development Project in North Sumatra, Indonesia, an...
View ArticleIndia lands $276 mln climate loan from European bank
The European Investment Bank (EIB) has granted a long-term loan of EUR200 million (USD276.2 million) to India Infrastructure Finance Company Ltd (IIFCL) to help finance projects that will contribute to...
View ArticleASrIA launches Research Fellowship network
The Association for Sustainable and Responsible Investment in Asia (ASrIA) has launched a Research Fellowship network, a group of leading industry professionals and experts that bring substantial...
View ArticleBangladesh plans lifetime tax waiver for foreign renewables investors
Read Full StoryDesperate for more renewable energy capacity, the government of Bangladesh is planning to give lifetime income tax waiver to foreign companies that invest in the country’s renewables...
View ArticleIFC cooperating with Shenzhen on China carbon trading
The International Finance Corporation (IFC), a member of the World Bank Group, has signed a memorandum of understanding with the Shenzhen Emissions Trading Exchange to develop products that will help...
View ArticleFirst CSR and anti-graft progress indicators for Thai companies
Read Full StoryThailand’s Securities and Exchange Commission (SEC) and the Thaipat Institute have launched the first corporate social responsibility (CSR) and anti-corruption progress indicators for...
View ArticleLloyd's of London calls for climate-change risk accounting
Read Full StoryLloyd's of London, the world's oldest and biggest insurance market, has for the first time called on insurers to incorporate climate change into their models.read more
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Climate mega-tend becoming a sovereign credit risk factor
Climate change will be the second global mega-trend to affect sovereign credit risk through the rest of the century, says international credit rating agency Standard and Poor's (S&P). Alongside the...
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