The New Zealand government has extended additional support to clean up the environment with the approval for 22 new low-emission transport projects, Energy and Resources Minister Megan Woods said on Wednesday. Wellington: The New Zealand government has extended additional support to clean up the environment with the approval for 22 new low-emission transport projects, Energy […]
Analysis: Green is the color of money for funds betting on a Biden win
NEW YORK: Fund managers betting that green-type stocks with environmental, social and governance (ESG) credentials will benefit from an expected win by Democrat Joe Biden in the U.S. presidential election are also looking at a swathe of other companies expected to rise along with them. Portfolio managers from firms including Gabelli, Fairpointe Capital and Eaton […]
BP to invest $70 million in India’s Green Growth Equity Fund
With this BP would become a limited partner in the equity fund, have representation on its advisory committee, and also the rights to co-invest in projects alongside GGEF New Delhi: BP, UK-based oil and gas firm, on Tuesday said it is set to invest $70 million in India’s Green Growth Equity Fund (GGEF) with an […]
AFDB to provide underserved communities in Nigeria with sustainable energy solutions
The African Development Bank and the Government of Nigeria have launched the National Electrification Project (NEP), to address critical energy access deficits by channeling private sector investments into mini grid and off-grid solutions. The project, which will be implemented by Nigeria’s Rural Electrification Agency, is a boost to efforts to achieve the target of universal […]
Australia, Canadian funds to invest up to USD 2 bn through NIIF
New Delhi: The National Investment and Infrastructure Fund (NIIF) on Tuesday said Australia’s largest superannuation fund AustralianSuper and Canada’s Ontario Teachers’ Pension Plan have signed pacts to invest up to USD 2 billion with the NIIF Master Fund. The NIIF invests in equity capital in the country’s core infrastructure sectors with a focus on transportation, […]