US, Japan and China are coal’s biggest financial backers

The ANZ and National Australia Bank are the biggest Australian lenders to coal. Heading up the list for Australian investors in coal is Macquarie Group and Magellan Financial Group. The United States holds the most institutional investments in coal according to new NGO research into the world’s largest financiers and investors on the Global Coal […]

Sustainable Australia Fund launches next generation environmental upgrade loans

Loans for environmental upgrades have come a long way in the past 10 years. Owners can now enjoy one of three tailored products, including the Capital Fund, which becomes part of a developer’s capital stack, reduces cost and provides a greater return on equity.

Macquarie Group gets another $100 million from CEFC

The asset management arm of Macquarie Group, Macquarie Infrastructure and Real Assets (MIRA), has received another sizeable chunk of finance from the Clean Energy Finance Corporation for emissions reduction and energy efficiency projects across airports, electricity, port, rail, water and other infrastructure sectors. The state-owned corporation is investing $100 million towards projects targeting lower carbon […]

Could an infrastructure blitz save economy and planet?

Our next economic growth phase must somehow deliver strong GDP growth, strong wages growth, and a huge reduction in economy-wide emissions. Can a low-carbon infrastructure investment spree deliver on all three?

Green bonds are on the rise – but are they as green as they seem?

The issuance of green bonds is higher now than ever before, but there are increasing concerns about transparency and whether they are really helping to improve the environment. In the second quarter of this year a total of $66.6 billion worth of green bond transactions took place: 164 transactions in all, according to Moody’s, who […]

Is TCFD missing the mark?

Has the rush to deliver Task Force on Climate Disclosure reporting opened the door for misleading corporate risk data?

Game-changing finance for green borrowers with Greenlend

Planet Ark Power has jumped onto the opportunities for expansion through borrowing funds without needing to rely on real estate securities, thanks to Greenlend, the new clean energy funding platform from MarketLend. Robert Harley reports.

Alphinity adds to sustainable investment options with SDG principles

Elaine Prior, the highly regarded former ESG analyst with Citigroup, and Mark Lyster, who has also forged a well-regarded track record in sustainability, have been appointed advisers to a new Australian-based investment fund that will aim to abide by the principles of the UN Sustainable Development Goals.

Ethical investing hits “inflection point”

The growth of ethical investing, locally and globally, shows no signs of slowing down as the knowledge that there is no financial penalty – rather benefits – becomes well understood.

Call for ethical super grows into a major chorus

Ninety per cent of Australians expect their super to be invested ethically, and 80 per cent would consider switching funds to more aligned providers, according to new research from the Responsible Investment Association Australasia.

Macquarie finalises UK green bank purchase

Australian-owned Macquarie Group has completed the acquisition of the UK Green Investment Bank from the British Government for a price of £2.3 billion (AU$3.7b). However, despite the company’s pledge to expand green investment, the deal has been labelled a disaster for renewable energy. The newly named Green Investment Group (GIG) – losing the term “bank” […]