Michael Hurley

Basel Committee prepares to publish climate 'principles'

The Basel Committee on Banking Supervision is preparing to publish a set of 'principles' for the supervision of climate-related financial risks at banks.

COP26 round-up, 9 November: Nuclear, Obama and gender

Apollo Impact invests in road safety product manufacturer

Apollo Impact has invested in Smart Start, which provides a breathalyser product that prevents vehicles from starting if the concentration of alcohol in a driver's alcohol concentration reaches a predetermined level.

AllianzGI, EIB target €500m for emerging markets impact fund

Allianz Global Investors (AllianzGI) and the European Investment Bank (EIB) have raised €440 million ($509 million) for a blended finance fund that will invest in climate-focused investment funds and projects active in emerging markets and developing countries.

M&G invests in plastics recycling firm

M&G has invested an undisclosed amount in UK-based plastics recycling firm Plastic Energy as part of a €145 million ($168 million) fundraising round.

UK group presents voluntary carbon markets guide at COP26

A UK group to promote "high-integrity, scaled markets" for voluntary carbon offsets has presented guidance at COP26, which aims to predict "what the future of the ... markets may look like".

People Moves 5 November: Mike Bloomberg, PRI and more...

Bank of England sets plan to tilt asset purchases toward green companies

The UK's central bank will this month begin prioritising bond issuers judged to be "stronger climate performers" via its £20 billion ($27 billion) corporate bond purchase scheme, in a landmark move that warns climate laggards will be hit with higher cost of capital.

ICE to launch 'nature-based' carbon credit futures contract

Intercontinental Exchange (ICE) is set to launch its first 'nature-based solutions' carbon credit futures contract, in the latest sign of the growing investor interest in products that claim to have a positive impact on nature.

UK sustainability disclosures to 'go beyond climate' to cover impact