Hamza Ali

Articles by Hamza Ali

  • France to set floor price of about €30 for carbon

    18 May 2016

    France has indicated that it will set a price of about €30 ($33) a tonne for carbon, in a move designed to kickstart wider European efforts to reduce greenhouse gas (GHG) emissions, according to reports.

  • Norway's sovereign wealth fund to sue Volkswagen

    16 May 2016

    Norway's $850 billion oil fund has told the media it will sue Volkswagen (VW) over last year's emissions test scandal.

  • Environmental clean-up fund reaches €80m first close

    12 May 2016

    A fund that will clean up brownfield sites in Europe has reached an €80 million ($91.11 million) first close, after securing the backing of four principal investors.

  • MTA to return to market with $500m green bond

    11 May 2016

    New York's Metropolitan Transport Authority (MTA) is gearing up to launch a $500 million green bond – its second in as many months.

  • HSBC recommends offshore dollar-denominated Chinese green bonds

    10 May 2016

    Offshore dollar-denominated green bonds from Chinese issuers are an attractive sector of the green bond market at present, according to HSBC analysts.

  • TERP and GLBL could be in default by end of the week, says Moody's

    09 May 2016

    US yieldcos Terraform Power (TERP) and Terraform Global (GLBL) are 'quite likely' to be in technical default by 13 May, according to a report by ratings agency Moody's.

  • Allianz Risk Transfer launches innovative wind hedge tool

    06 May 2016

    Allianz Risk Transfer (ART) has announced a 10-year wind revenue hedge with an annual fixed payment structure that provides "revenue certainty never before available to the wind industry".

  • Norges Bank gives boost to Exxon and Chevron climate change resolutions

    05 May 2016

    Norges Bank's backing of climate change resolutions at ExxonMobil and Chevron will boost investor confidence in their outcome, according to one engagement specialist.

  • Initiative aims to help banks measure the economic impact of drought

    04 May 2016

    Nine banks have joined an initiative to help measure the economic impact of drought in their stress testing scenarios.

  • Half of asset owners still taking no account of climate change risk, says survey

    03 May 2016

    Almost half of institutional asset owners are failing to acknowledge the risk climate change could pose to their portfolios, according to The Asset Owners Disclosure Project (AODP).