Michael Hurley

EU bodies tasked with including nuclear, gas in SFDR

Embed nature in climate transition plans, Aviva urges UK policymakers

Aviva has urged the UK government to "ensure that the benefits and risks of nature" are included in mandatory private sector and government transition plans, as the country prepares to update its green finance strategy.

Investors battle 'headwinds' from inadequate APAC climate policy

Inadequate policy support increasingly means investors outside the EU are having to rapidly adapt their conventional approaches as they attempt to insulate their portfolios against the worst effects of climate change, a senior advisor has said.

Carbon budgets dataset wins investor support

The publication of a massive dataset outlining carbon budgets for companies across 12 sectors has the potential to boost the credibility of investor climate-related target-setting, and support regulation on reporting, observers have said.

EBA consults on environmental risks in EU prudential framework

Climate change 'the ultimate systemic risk,' says BoE

Climate change represents "the ultimate systemic risk ... [because] firms cannot diversify away from their exposure to the planet," a senior official at the Bank of England (BoE) has said.

SFDR confusion 'may extend for a decade'

It may take as much as 10 years to resolve confusion over how investment managers should classify their funds in line with EU regulation on reporting the extent they pursue sustainability objectives, according to a sustainability expert.

Keynote address: Emerging markets climate underfunding 'worsening'

Investment in climate mitigation and adaptation in developing markets dwindled in the wake of the coronavirus pandemic, and innovation in the debt markets is required to attract large institutional investors, according to an expert.

EU GBS will bring standardisation - but is not perfect, says Triodos

Proposals for an EU Green Bond Standard (GBS) could bring welcome standardisation to the market - but it could also bring complications, according to investment firm Triodos.

NGFS backs ISSB in push for consistency on transition finance

A group of central bankers have added their weight to calls for more rapid harmonisation of approaches to assessing 'green and transition finance'.