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Citigroup Follows BoA, Cuts Coal Mining Finance

Citigroup announced it’s cutting financing of coal mining projects, part and parcel of the multinational banking and financial services group instituting an updated Environmental & Social Policy Framework… 696 more words

Climate & Environment

Banks to lend USD 1B to Azerbaijan gas project to boost Europe's energy security - Journal of Turkish Weekly

Banks are arranging USD 1B in financing for, a key offshore gas field project in Azerbaijan seen as crucial for Europe’s energy security, the European Bank for Reconstruction…

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Banking News

SMEs are still paying too much for their energy, CMA report finds

A CMA report that was released today has caused a stir in the media, as it highlights that householders have paid too much for their energy (£1.2bn) from the Big Six, while SMEs have paid around £500m too much in the last year. 181 more words

Business Energy

What are the barriers to improved energy efficiency?

Just 0.4% of eligible companies have filed for ESOS and many state energy efficiency is not enough of a priority for them to act. With rising energy costs, the opportunity for significant financial savings from energy efficiency measures and the potential for hefty fines for non-compliance with ESOS… 426 more words

Business Energy

One startup's big idea to boost the green revolution: lots of small financing

The British economist E.F. Schumacher in 1973 published Small Is Beautiful, a seminal, best-selling book that championed small-scale technologies that empower people. His ideas never caught on in a big way, but perhaps he was just ahead of his time. 526 more words