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IEEFA Update: In Emerging Economies, New Forms of Renewable-Energy Financing Are Taking Root

IEEFA Update: In Emerging Economies, New Forms of Renewable-Energy Financing Are Taking Root

Growing Demand for Greater Access to Capital Markets

As the size and scope of renewable energy projects increase at an unprecedented rate across the global economy, traditional models of finance are being replaced by more innovative ones. In the more developed markets of the world, yieldcos (dividend-driven spin-offs of larger parent companies) alongside green bonds and infrastructure funds are channeling investment capital into […]

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IEEFA Energy Swamp Watch: The Puerto Rico Electric Power Authority Would Starve Its Electric Grid to Pay Its Bondholders

IEEFA Energy Swamp Watch: The Puerto Rico Electric Power Authority Would Starve Its Electric Grid to Pay Its Bondholders

Peculiarities in a Proposed Debt-Restructuring Deal That Aims Only to Please Off-Island Interests

This blog starts a series we’re calling the IEEFA Energy Swamp Watch, in which we’ll describe the imprudence in some of the unseemly, wasteful and abusive financial practices we run across in our research. Most of the questionable activity we see is within the bounds of law—which is not the same as being within the […]

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IEEFA New York: NYC Pension Funds Begin to Craft a Fossil-Fuel Divestment Path Others Can Follow

IEEFA New York: NYC Pension Funds Begin to Craft a Fossil-Fuel Divestment Path Others Can Follow

As the Financial Rationale Grows, a Mechanism for Exercising Fiduciary Responsibility

A certain recent RFP from the New York City comptroller on behalf of the city’s pension funds could be the beginning of something big. It calls for a carbon footprint analysis of the funds’ holdings and advertises an opening for a climate-risk investment-strategy consultant. While the RFP is shrouded in pension-speak, its aim is clear: […]

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On the Blogs: ‘A Critical Juncture in Capital Markets History’

Clara Miller for the Huffington Post: For decades now, concrete examples of financial impacts arising from sustainability issues have been mounting. From Peabody Energy’s bankruptcy and Chipotle’s e-coli outbreak, to the Rana Plaza building collapse and Takata’s airbag recalls, the landscape is littered with corporate mishaps and subsequent investor losses. Looking beyond the headlines, time […]

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On the Blogs: A Nefarious Move in Congress to Limit SEC Enforcement of Fossil-Fuel Risk

Mindy Luber for Forbes.com: As he did in both 2010 and 2012, Congressman Bill Posey, R-Fla, has introduced legislation to block common sense SEC reporting guidance on climate change risks for publicly traded companies. His proposals have gone nowhere in the past, but given the partisanship in Congress and the uncertain election ahead this time […]

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Bank of England’s Governor Warns on Lack of Corporate Disclosure Around Fossil-Fuel Risk

Ben Dummett for the Wall Street Journal: Only one-third of the world’s biggest 1,000 companies are providing enough disclosure to investors about the potential impact of carbon pricing on their businesses, Bank of England Gov. Mark Carney told a business audience in Toronto on Friday. Policies aimed at meeting the goals of December’s international accord […]

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