December 04, 2008
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Environment Management Newsletter December 04, 2008 |
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| This Week´s Featured News Stories |
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Global banking giants sign up to climate principles
Carbon intensive projects could be forced to disclose their greenhouse gas emissions and adopt the cleanest technologies available, if they wish to secure financial backing from some of the world`s largest financial institutions. The move follows Crédit Agricole, HSBC, Munich Re, Standard Chartered and Swiss Re signing up to a new set of green investment best practices. The banks and insurers have pledged to adhere to The Climate Principles, which have been developed by The Climate Group and will require financial institutions to consider the carbon impact of their investment decisions and services. ... |
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EU unveils EUR 5bn green car stimulus package
The European Commission has announced plans to provide the auto industry with EUR 5bn (GBP 4bn) to help speed the development of greener vehicles as part of a wide-reaching EUR 200bn economic stimulus package. However, talks to finalise proposed rules governing vehicle emissions appear to have stalled as concerns mount that the European Parliament will fail to reach an agreement with member states on the bloc`s package of climate change legislation before ... |
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