Michael Hurley

New Zealand consults on climate disclosure rules

Share buybacks must not come at the cost of transition, say MN and PGGM

Oil and gas giants should use record profits to buy back shares only if they do not come at the expense of investing in a "feasible" strategy to limit global temperature rise to 1.5°C, according to MN and PGGM.

Spatial data key to tackling nature-climate 'nexus', paper says

Investors should 'get ahead of' biodiversity regulation, says Jefferies

US financial stability body says closing climate data gaps a priority

The US Financial Stability Oversight Council (FSOC) has reported "considerable progress" by its members in addressing the threat to financial stability posed by climate change, but identified plugging data gaps as a priority for future work.

EU reporting on adverse impacts 'lacks detail'

Biodiversity data guide aims to address investor 'challenges'

A guide on biodiversity integration by financial institutions that looks to navigate difficulties including on data availability and consistency is set to be published in September by the Finance for Biodiversity Foundation (FfB).

Blackstone invests in Esdec Solar

Investors urged to pressure banks on slow climate progress

An assessment revealing that large banks are "a long way" from aligning with a 1.5°C warming scenario should be used by investors to push for more aggressive action to cut emissions, according to an influential investor group.

Circulate's ocean fund swells to $50m

Investment from the International Finance Corporation (IFC) and France's development finance institution Proparco has grown Circulate Capital's second Ocean Fund to $53 million.