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Australia: Malcolm Turnbull lifts Abbott ban govt finance for wind power

2015-12-13 03:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Malcolm Turnbull has lifted the ban imposed by Tony Abbott on wind investment by the Clean Energy Finance Corporation (CEFC) before it was officially enacted, even though it remains Coalition policy to abolish the green bank. A spokeswoman for the prime minister said the new CEFC investment mandate issued by the environment minister, Greg Hunt, and the finance minister, Mathias Cormann reflected the Turnbull governments strong support for renewables and innovation. The mandate puts...

Tags: power finance australia wind

 

Commonwealth Bank says blockchain may transform trade finance, share trading

2015-12-10 10:06:40| Automakers - Topix.net

Blockchain technology could transform trade financing, share trading and many other parts of banking and the broader economy, says the chief information officer of the Commonwealth Bank of Australia, David Whiteing. Opening a two-day blockchain workshop on Thursday, Mr Whiteing said CBA had been thinking about the concept for two years and had determined it "presents a very exciting set of opportunities and protocols for how we might think about the business going forward".

Tags: share finance trade bank

 
 

US to double climate adaptation finance by 2020 Kerry

2015-12-09 14:50:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: The US has made a play to unblock global climate talks in Paris with an offer of US$800 million to some of the world`s poorest nations for coping with extreme weather. Public grant-based finance would be doubled by 2020 said secretary of state John Kerry, just over 48 hours before a new deal is primed to be agreed. In a passionate speech that emphasised his personal commitment to tackling climate change, Kerry cited the 2014 US-China climate pact as evidence roadblocks to a deal were falling....

Tags: finance double climate adaptation

 

EIB and EC finance railway modernisation in Kosovo

2015-12-09 01:00:00| Railway Technology

The European Investment Bank (EIB) and the European Commission (EC) have agreed to provide 82m to modernise railways in Kosovo.

Tags: in finance railway kosovo

 

KfW IPEX-Bank to finance Royal Caribbean's fourth and fifth Quantum-class cruise ships

2015-12-08 01:00:00| Ship Technology

German lender KfW IPEX-Bank has agreed to finance the fourth and fifth Quantum-class cruise ships ordered by Royal Caribbean Cruises from Meyer Werft shipyard.

Tags: finance ships fourth royal

 

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