Michael Hurley

Data improvements expose higher expected losses from extreme weather - ECB

NGFS backs extending 'greening' to central bank-issued debt & reserves

Central banks should consider extending work to 'green' their own assets to cover 'liabilities', including short-term debt and monetary reserves, according to a group of central banks and supervisors.

ESMA warns against using vague ESG fund definitions

Record-breaking UK offshore wind auction lauded for driving private investment

A record-breaking auction of contracts for offshore wind energy generation by the UK government has been lauded for its potential to fuel "billions of pounds of private investment" into renewables.

Environmental risks drop from near-term worries in WEF ranking

Actuaries warn of 'planetary insolvency' without immediate climate policy action

The risk that the planet could warm faster than most current models assume could undermine the global financial system and lead to "planetary insolvency".

SEC 'no action' decision likely to stunt ESG proposals 'in short term', says Ceres

A decision likely to let more US companies block shareholder resolutions is expected to curb the number of successful sustainability-related proposals in the upcoming AGM season, according to non-profit Ceres.

MAS launches transition infrastructure capital relief scheme for insurers

SEC allowing exclusion of shareholder proposals 'could diminish investor rights'

Climate risk 'contagion' from delayed emerging markets transition flagged in UK review

Growing climate-related risks in emerging markets and developing economies raise the prospect of "contagion" threatening global financial stability, according to a 120-page review commissioned by the UK government.