Michael Hurley

Articles by Michael Hurley

  • KfW's first green bond of 2020 sets it on the way to €8bn target

    08 January 2020

    KfW has sealed its first labelled transaction in a year that it expects could eventually see it issue green bonds worth a total of €8 billion ($8.9 billion).

  • Reserve Bank of India says green finance policy action is needed

    02 January 2020

    Policy action is needed to establish a framework that promotes green finance in India, the country's central bank has urged.

  • Senior official warns ECB against favouring green assets

    31 December 2019

    The European Central Bank (ECB) should not favour green assets in either its bond-buying programme or its work as a regulator, according to incoming board member Isabel Schnabel.

  • Carney: Financial sector moving too slowly on climate

    30 December 2019

    The global financial sector is moving too slowly to curb the negative impacts of climate change, the governor of the Bank of England has said.

  • People moves, 27 December: AIIB, J O Hambro, LuxSE

    27 December 2019

    The Asian Infrastructure Investment Bank (AIIB) has appointed Andrew Cross as its chief financial officer.

  • £40bn pension pool joins Just Transition collaborative engagement

    27 December 2019

    Engagement on the social impacts of the transition to a low-carbon economy has been identified as a "rapidly-moving" area of focus by the £40 billion ($52 billion) Northern pool of UK pension schemes.

  • IIF urges NGFS to help standardise climate risk analysis

    23 December 2019

    The Central Banks and Supervisors' Network for Greening the Financial System (NGFS) has been urged to align approaches to assessing climate risk, including scenario analysis.

  • GPIF signs partnership to invest in development bank's social bonds

    20 December 2019

    Japan's $1.6 trillion Government Pension Investment Fund (GPIF) has signalled its intention to buy social bonds issued by the Council of Europe Development Bank (CEB).

  • Siemens Gamesa links €2.5bn loan to sustainability performance

    20 December 2019

    Wind turbine manufacturer Siemens Gamesa has agreed to link the margin on its main financing facility to its performance against sustainability criteria.

  • ESMA recommends EU develop single set of ESG disclosure standards

    20 December 2019

    The regulator of the EU's securities markets has advised the European Commission to develop 'a single set of international environmental, social and governance (ESG) disclosure standards', to combat what it sees as short-termism among market participants.