LONDON (Reuters) – A new 500 million euro renewables fund aims to attract capital from pension and sovereign wealth funds through a low-risk, long-term investment strategy which would give higher returns than government bonds, one of its founders said.
The Real Asset Energy Fund (RAEF), managed by Solar Investment Group, plans to start investing in renewable power plants which are already in operation, mainly in the wind and solar sectors, from the first quarter of next year.
RIO DE JANEIRO, Sept 14 (Reuters) – From white sandy beaches
to a bustling centre to vibrant rainforests on the sprawling
hills, Rio de Janeiro has something for everyone who visits.
Home to over 6 million people, Brazil’s second biggest city
has a vibrant and colourful atmosphere which is infectious.
LONDON (Reuters) – Burnt, buried or frozen and turned to powder are some of the options for dealing with the remains of a loved one whose last wishes include lessening death’s environmental impact.
Our demise can have a big environmental impact. Around three quarters of people in the United Kingdom alone are cremated after they die but cremation uses about the same amount of domestic energy as a person uses in a month.
LONDON (Reuters) – United Nations’ climate talks should continue pushing for more ambitious action to ensure global warming is kept under 2 degrees, an EU climate negotiator said on Tuesday, a month after the United States was accused of backtracking on the goal.
Almost 200 nations agreed in 2010 to limit rising temperatures to below 2 degrees Celsius (3.6 F) above pre-industrial times to avoid dangerous impacts from climate change like floods, droughts and rising sea levels.
LONDON (Reuters) – The first board meeting of the United Nations’ Green Climate Fund will be held on August 23 to 25, an official at the fund’s interim secretariat confirmed on Thursday, five months later than it was originally planned.
The fund is designed to help channel up to $100 billion a year in climate finance by 2020 to help developing countries adapt to climate change.
LONDON, July 27 (Reuters) – The cost of wave and tidal
energy in Britain could fall by over half to current offshore
wind levels by 2020-2025 and by 80 percent by 2050 if much more
research and development is done, a marine energy expert at the
Carbon Trust said on Friday.
The cost of developing wave and tidal energy is much higher
than other renewables at the moment because it is a nascent
industry with a wide range of technologies and commercial
viability has not yet been proven at large-scale.
LONDON (Reuters) – Manmade climate change is the main driver behind the unexpected emergence of a group of bacteria in northern Europe which can cause gastroenteritis, new research by a group of international experts shows.
The paper, published in the journal Nature Climate Change on Sunday, provided some of the first firm evidence that the warming patterns of the Baltic Sea have coincided with the emergence of Vibrio infections in northern Europe.
LONDON, July 22 (Reuters) – Manmade climate change is the
main driver behind the unexpected emergence of a group of
bacteria in northern Europe which can cause gastroenteritis, new
research by a group of international experts shows.
The paper, published in the journal Nature Climate Change on
Sunday, provided some of the first firm evidence that the
warming patterns of the Baltic Sea have coincided with the
emergence of Vibrio infections in northern Europe.
LONDON, July 19 (Reuters) – The United Nations’ carbon
offset market has a long future in helping the world curb
man-made greenhouse gas emissions, even with carbon prices at
record lows, the executive chairman of the U.N. Clean
Development Mechanism (CDM) said on Thursday.
U.N-backed carbon credits, called certified emissions
reductions (CERs), have plunged around 70 percent over the past
12 months as a massive supply of credits has built up because of
a drop in demand due to a slowing economy. The benchmark CER
contract hit record lows below 3 euros this week.
LONDON, July 18 (Reuters) – Low European Union carbon prices
dived further on Wednesday after sources said the European
Commission was likely to set back until September details on a
plan to remove emissions permits from the market to fix a huge
Three separate EU sources said on Tuesday detail would now
not come until after the recess, sending EU carbon prices down
more than six percent.