Daily Sprout

Munich Re Calls for Climate Action: German reinsurer Munich Re warned today that a lack of big earthquakes and hurricanes this year should not lead to complacency about climate change. — Financial Times

Concerns About Hong Kong Water Security: A series of droughts in China has raised concerns that Hong Kong’s water supply is threatened by climate change and pollution, has growing demand from surrounding industries, so it might not be as secure as first thought. — NYT’s Green Inc.

Senate Climate Fight: Tough as Healthcare Reform: Assembling a climate and energy package that can be shoehorned into the election-year calendar will be every bit as tough for Senate Democrats when they return in January as crafting the healthcare bill. — The Hill

Abengoa Considers Billion Euro Bond Sale: “Abengoa SA, Spain’s largest developer of solar-thermal power plants, is considering selling as much as 1 billion euros ($1.4 billion) of bonds to finance more installations and reduce its dependence on banks.” — Bloomberg via BusinessWeek

Pacific Lake Opens Eyes Fund for Young Entrepreneurs: Palo Alto, Calif.-based venture capital firm Pacific Lake Partners is looking to raise $35 million for a fund that will specifically target recent business school grads looking to buy and turn around other people’s startups. — VentureBeat’s GreenBeat