Michael Hurley

Articles by Michael Hurley

  • SPP creates European fossil-free fund

    16 March 2018

    Swedish pension provider SPP has created a European fossil-free fund to add to its existing portfolio of three climate funds.

  • London tops global index of green financial centres

    15 March 2018

    London has been named the world's leading green finance centre, according to the first Global Green Finance Index (GGFI), although Paris, Frankfurt and New York are expected to quickly gain ground thanks to policy changes.

  • Australian carbon market lauded for 'full compliance' of largest carbon emitters

    14 March 2018

    The first full year of reporting under Australia's national carbon emissions reduction scheme has been hailed a success after 100% of large emitters met their legislated limits.

  • Energy storage fund targets £100m raise from London listing

    14 March 2018

    An energy storage investment fund claiming to be the first of its kind in the UK plans to raise as much as £100 million ($140 million) from its initial public offering.

  • Hold AGM vote on compliance with mandatory TCFD, suggests Aviva's Waygood

    13 March 2018

    Aviva Investors has thrown its might behind proposals to make climate disclosures mandatory, adding that shareholders could vote on whether they approve of the reporting.

  • UK urged to issue sovereign green bond to plug EIB, GIB funding hole

    13 March 2018

    The UK Government was urged to issue a sovereign green bond to help plug gaps in funding left by the sale of the Green Investment Bank (GIB), according to Aldersgate Group.

  • NGO attacks 'non-additional' green bond market

    12 March 2018

    Green bonds are not bringing the additionality required to meet the aims of the Paris Agreement, according to the 2° Investing Initiative.

  • EU-wide sustainability taxonomy is matter of urgency, says Commission

    09 March 2018

    The European Commission said it will develop an overarching EU taxonomy for sustainability as a matter of urgency, as it aims to seize the mantle of global leader in green finance.

  • Natixis repackages French green sovereign bond into green structured note

    05 March 2018

    French bank Natixis has designed what it claims is the first green structured note – a repackaging of France's €7 billion ($8.6 billion) green obligation assimilable du Trésor (OAT).

  • Green Climate Fund commits extra $1bn to developing nations

    05 March 2018

    The Green Climate Fund (GCF) is to provide an additional $1.09 billion for climate mitigation and adaptation projects as it says it is ready to "shift gear" in helping developing countries hit climate goals.