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A new dawn, a new day? S&P explains the implications of The Paris Agreement

Last December’s climate change conference in Paris (COP21) saw governments from 195 countries approve a global climate deal – also known as The Paris Agreement – which sets out a series of unprecedented financial, technical, and legal principles that will govern greenhouse gas emission reduction efforts. 175 more words

Project Finance

ENERPO Workshop Series: Maxim Titov on Russia’s Energy Efficiency

By Michael Carmada

ENERPO hosted its sixth and final workshop series of the year 2015 with Maxim Titov of the Energy Efficiency Finance Program of the International Finance Corporation of the World Bank Group. 579 more words

Natgas

Energy transition: experts map the road ahead in Siemens Financial Services (SFS) video

While the energy market has been moving from fossil-fuel dependency to a cleaner, greener system for some time, the transition has been gaining notable momentum over the past five years or so. 186 more words

News

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