Finance

US and multilateral development banks that have played a large role in funding India’s nascent solar industry when commercial lenders were wary may begin curbing further financing, according to an official from a US agency that finances developing country projects.
SRI, ESG, Impact Investing … the terms keep changing but Robert Rubinstein, founder and chief executive of the TBLI Group says the fundamentals remain the same. During the recent ASrIA conference the 13-year veteran of advocating sustainable investment practices in Europe and Asia told CleanBiz Asia executive editor Fergus O'Rorke that, if the will is there, it's not hard to do.
On the back of record investments results in the Asian-Pacific region, with commitments in 120 projects totaling USD3.9 billion dollars during fiscal year 2011, the International Finance Corporation has reshuffled its top management in the region, with Sérgio Pimenta taking over as the director for East Asia and Pacific. He spoke to CleanBiz Asia executive editor Fergus O'Rorke about the IFC's changing role in the region and its current agenda focused on climate change.
Youbisheng Green Paper, the German holding company of a Chinese clean-tech linerboard maker, aims to list in the Prime Standard segment of the Frankfurt Stock Exchange in the third quarter of the year, Reuters reported today.
Asia green money
May 14, 2011
Private equity companies, banks and funds are throwing money at cleantech projects in China but other parts of Asia are also set to get large amounts of investment.
Nobao Renewable Energy has relaunched its attempt of an intial public offering in the US. Only a month after it postponed an IPO due to "market conditions", the US Securities Exchange Commission (SEC) reports that the latest IPO would raise USD300 million.
MYR300 million (USD100 million) has been allocated to the third strand of the Malaysian government's investment plan for Malaysia Debt Ventures (MDV), the Green Technology Financing Programme.
Asia's first social stock exchange, the Impact Investment Exchange Asia (IIX), is expected to be set up and operational in Malaysia by early next year, according to the Malaysian Star.