The transaction was placed with 36 investors including the Third Swedish National Pension Fund, AP4, BlackRock, CalSTRs, Calvert Investment Management, Inc, Nordea Investment Management, Pictet Asset Management, Praxis Intermediate Income Fund, State Street Global Advisors (SSgA) for their High Quality Green Bond Fund, TIAA-CREF, and Trillium Asset Management, LLC.
The California Public Employees' Retirement System (CalPERS) Board of Administration today directed its investment staff to divest from investments in manufacturers of assault weapons that are illegal for sale in the state of California.
Everyone wonders which miraculous instrument will enable the Green Climate Fund to mobilize the pledged US$100 billion per year in climate finance by 2020. Developing countries are now asking for interim targets to quench their mounting skepticism that this level of commitment can be reached...
First two international funds offer access to highly-diversified
equity holdings in growing economies.
With the current ‘back-loading' proposal of the European Commission on the table it is essential to further examine the specialities of carbon markets to assess the implications of the proposal on the market development of the EU ETS. An emission right is a new kind of good which can be thought of as a hybrid of a commodity good and a financial product.