Michael Hurley

Articles by Michael Hurley

  • Green bonds round-up, 29 November 2017

    29 November 2017

    The latest green bond from New York's Metropolitan Transportation Authority (MTA) reached $2.021 billion, confirming it as the largest ever municipal green bond.

  • RGGI regulatory change drives 'dramatic surge' in allowance prices

    28 November 2017

    A 49% increase of the price of allowances in the Regional Greenhouse Gas Initiative (RGGI) carbon market in Q3 is a direct result of regulatory reform to lower the number of available allowances, a study suggests.

  • £100m UK sustainability fund looks to seize Brexit opportunity

    27 November 2017

    A fund aiming to invest £100 million ($134 million) in UK sustainability projects has been launched to try to exploit post-Brexit opportunity in the country, with backing from the co-founder of Hargreaves Lansdown.

  • Thames Tideway 'super sewer' issues £450m green bonds

    24 November 2017

    £450 million ($599 million) worth of green issues from London 'super sewer' developer Tideway has helped it overtake Unilever as the largest corporate issuer of sterling-denominated green bonds.

  • EU's green taxonomy could have negative effect, says S&P

    22 November 2017

    The European Commission's proposal to create a taxonomy of greenness risks "stifling innovation" in green finance, according to S&P Global Ratings.

  • Trillion-dollar wealth fund to consider dropping oil and gas investment

    20 November 2017

    Norway's $1 trillion sovereign wealth fund is to consider divesting its holdings in oil and gas because of the risk fossil fuels pose to its portfolio.

  • 'Incredible week' as green bond market breaks $100bn barrier

    17 November 2017

    The green and social bond market saw a frenzy of activity this week, after a spate of issues that should propel the green bond market through the $100 billion barrier for the first time.

  • Insurers urged to build relations with governments

    15 November 2017

    Insurers should work harder to persuade governments to engage with their long-term fiscal responsibilities, which include climate change, according to Stephen Catlin.

  • EU launches consultation on sustainability and fiduciary duty

    14 November 2017

    A European Commission proposal to formally recognise sustainability as a part of large investors' fiduciary duty will be tested by public consultation.

  • Investec and CEFC buy into Australian wind and battery project

    13 November 2017

    Clean Energy Finance Corporation (CEFC) and Investec have together provided A$189 million ($145 million) of financing for a 212MW wind-plus-battery storage project in Australia.