Search Results

Showing 71 - 80 of 87 results for "ocean"

Montreal Carbon Pledge a building block: Cbus' Atkin

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 NOV 2014  |  NEWS
The Montreal Carbon Pledge will be an opportunity for signatories to the UN-supported Principles for Responsible Investment (PRI) to demonstrate the impact that climate change will have on investments and strategies, according to David Atkin, Cbus CEO ...

Fifteen Australian signatories leave PRI

RACHEL ALEMBAKIS  |  FRIDAY, 29 AUG 2014  |  NEWS
Fifteen Australian signatories to the United Nations-supported Principles for Responsible Investment (PRI) have left the initiative. Between July 2013 and June 2014, a total of 121 signatories around the world delisted. "Signatories are delisted if ...

ARENA provides $11 million grant to Carnegie Wave Energy

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 JUL 2014  |  NEWS
... towards commercialisation of its CETO wave energy technology. CETO units are large, fully submerged buoys, tethered to the ocean floor and designed to harness energy from the ocean's waves, ARENA said. "The $46 million CETO 6 project represents the next ...

J.P. Morgan, GIIN report uptick in impact investing

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAY 2014  |  NEWS
The world's largest impact investors say they expect to commit US$12.7 billion to impact investments in 2014, a 19% increase over 2013, according to a survey conducted by.P. Morgan and the Global Impact Investing Network (GIIN). T he J.P. Morgan/GIIN ...

CEFC provides $20m loan facility to Carnegie Wave Energy

RACHEL ALEMBAKIS  |  FRIDAY, 21 MAR 2014  |  NEWS
... electricity and desalinated fresh water," CEFC said. "It is a fully submerged system which allows it to better withstand the harsh ocean environment." "Australia has arguably the best wave energy resources in the world, and the necessary skills to be ...

Investors ask companies for information on fossil fuel exposures

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 OCT 2013  |  NEWS
Australian investors have joined a group of 70 global investors calling on the world's top oil and gas, coal and electric power companies to assess the financial risks of climate change to their business. The Carbon Asset Risk (CAR) initiative, coordinated ...

ARENA announces launch of wave-to-electricity unit

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
The world's first wave-energy-to-electricity unit has been launched in Port MacDonnell, South Australia, the Australian Renewable Energy Agency (ARENA) has announced. ARENA provided funding to Oceanlinx, which designed and constructed the one megawatt ...

Insurer Catlin Group sponsors survey of global coral reefs

RACHEL ALEMBAKIS  |  FRIDAY, 27 SEP 2013  |  NEWS
... derive their livelihood from reefs." Hoegh-Guldberg noted that the damage to coral reefs is tightly correlated to warming ocean. "Coral reefs also tell us a very important story," he said. "They're the most diverse habitats in the ocean. They are home ...

Industry to coordinate efforts to develop impact investing

RACHEL ALEMBAKIS  |  FRIDAY, 19 APR 2013  |  NEWS
Building the impact investment sector will require coordinated action to grow what is currently a nascent market, a conclusion that has led interested organisations in the financial services sector to set up a financial services forum to address this. ...

Developing methods for monitoring impact investment returns

RACHEL ALEMBAKIS  |  FRIDAY, 11 JAN 2013  |  NEWS
Australian investors are examining impact investments opportunities both domestically and overseas and are part of a growing pool of investors globally that are allocating funds to impact investments. As investors seek out investments that provide both ...