China Longyuan Power Group Corp on Monday said it agreed to buy from its parent, China Guodian Corp, wind energy and biomass assets worth 1.51 billion yuan ($238.2 million).

Swiss fund management company Sustainable Asset Management (SAM) said on Friday it planned to raise up to $300 million for a fund that would invest in companies involved in water-related businesses.

The new fund, which it plans to launch this year, would be in addition to SAM's mainstream water fund, which is worth $1.5 billion as of May.

Schroders is adding wind power and forestry stocks to its climate change portfolio, saying heightened investor interest in the green theme should support share performances in the second half.

Daishin Investment Trust Management, which runs a climate change fund that invests in companies engaged in disaster relief, plans a new commodities fund this year to capitalize on the effects of global warming.