ADB Invests in Three Climate Change Technology Venture Capital Funds
May 24, 2011 by green team
Filed under Business, Green Reporter
MANILA, PHILIPPINES – The Asian Development Bank (ADB) is investing $60 million to help set up three venture capital funds dedicated to nurturing new climate change technologies. The funds will primarily target the markets of the People’s Republic of China (PRC) and India, which are actively promoting clean energy and sustainable technologies.
via ADB.
Britain needs $15 billion green bank
July 1, 2010 by green team
Filed under Business, Green Reporter
What about an Asian green bank? Even more far fetched?
A “green bank” funded by new consumer levies; the sale of emissions permits to industry; and institutional and retail interest in new investment products will help plug the gap, according to the Green Investment Bank Commission.
Read more at Reuters.
