Michael Hurley

Global Fund for Coral Reefs 'could grow beyond' $500m target

Environmental Finance celebrates World Oceans Day

To coincide with the UN World Oceans Day, Environmental Finance will host a thematic briefing afternoon focusing on oceans and the blue economy, to examine one of the most exciting areas of natural capital investment.

G7 backs mandatory TCFD reporting

The Finance Ministers and Central Bank Governors of the Group of Seven (G7) wealthy democracies have expressed their support for "moving towards mandatory climate-related financial disclosures", setting the stage for such reporting to become the norm across multiple jurisdictions.

People moves, 4 June: NGFS, BoE, SEB, Redington ... and more

Citi impact fund invests in fintech, healthcare companies

US bank Citi has invested an undisclosed amount, via its $200 million impact fund, in five companies active in the areas of financial technology, remote healthcare, energy efficiency and construction.

US Impact Investing Alliance calls for riskier community-based investments

Impact investors should be prepared to "take increasingly riskier positions" to send a positive signal to the rest of the market and highlight the opportunity for positive impact in underserved US communities.

TNFD launches with aim to give 'complete picture of nature-related financial risks'

'Act now to avoid a green bubble' says BIS' Carstens

Policymakers must urgently develop verification processes that confirm that promised environmental benefits are actually achieved, the general manager of the 'bank for central banks' has warned.

2DII launches PACTA advisory group

2° Investing Initiative (2DII) has appointed an expert group to advise on new governance for the Paris-based thinktank's climate scenario analysis and alignment methodology.

TPG Rise invests in weather forecasting provider

TPG's Rise impact fund has invested $100 million in Climavision, a company which says its weather forecasting technology is set to become increasingly important as the effects of climate change become more pronounced.