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Lac-Megantic settlement fund grows to $345 million
2015-06-09 01:27:28| Railroads - Topix.net
The settlement fund for victims of the oil train accident in Lac-Megantic, Quebec, that killed 48 people grew by nearly half Monday with the addition of $110 million committed by World Fuel Services Corp. It brings the fund to $345 million , according to Robert Keach, trustee for the bankrupt Montreal, Maine and Atlantic Railroad. The settlement fund was at $235 million before World Fuel's settlement Monday,Keach said.
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Rana Plaza Fund reaches $30m target
2015-06-08 17:04:00| Daily apparel & textile news and comment - from just-style.com
The target amount of US$30m in funding to enable the Rana Plaza Coordination Committee to make full payments to all victims of the Bangladesh factory collapse has now been raised.
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fund
plaza
reaches
Norways pension fund to divest from coal
2015-06-08 11:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Norways sovereign wealth fund, the largest in the world, has confirmed it will divest from coal. The move comes after the fund faced increasing pressure from the fossil fuel divestment movement. The $900 billion (590bn) government fund will sell off stocks in companies that generate more than 30% of their output or revenue from coal. Companies with coal projects in development that would see them cross the 30% threshold will also be included in the divestment process. The stakes in the companies...
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pension
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Sustainable Pioneer Fund: Making money from green investments can be a breeze
2015-06-07 04:42:10| Grocery - Topix.net
Mainstream investors often dismiss green investing as a niche activity for sandal wearers willing to sacrifice profits for their principles. But some funds set out to prove that a portfolio of shares in firms that do good for the planet and its population can also be profitable.
Merkel in climate change fund call
2015-06-06 11:49:00| Climate Ark Climate Change & Global Warming Newsfeed
BT: German chancellor Angela Merkel is calling for the G7 powers to throw their weight behind a pledge to find 100 billion dollars (65 billion) to help poor countries tackle climate change. Ms Merkel, who hosts the G7 summit starting on Sunday, cautioned against comparing the meeting with full-fledged climate negotiations, but said the world's leading industrial powers should send a signal ahead of a climate conference in Paris in December. Governments agreed in Copenhagen in 2009 to seek the funding...
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call
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climate
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