Michael Hurley

Articles by Michael Hurley

  • Eurosif observes substantial growth in engagement on sustainability

    26 November 2018

    Significant growth in investor engagement on sustainability-related issues has been tempered by growing concerns of greenwashing, a Eurosif survey has found.

  • Principles for Responsible Banking launched with backing of 28 banks

    26 November 2018

    The launch of a set of six principles seeking to commit banks to align with both the Paris Agreement and the UN’s Sustainable Development Goals (SDGs) has been hailed as a ‘global benchmark for sustainable banking’.

  • California cap-and-trade auction raises $813m

    23 November 2018

    California’s cap-and-trade programme has raised $813 million in its latest quarterly auction, with all available permits being sold.

  • UN environment chief steps down amid expenses furore

    22 November 2018

    The head of the UN Environment Programme (UNEP) has stepped down today after receiving a final audit of his official travel expenses, which had attracted strong criticism for “obscene” climate hypocrisy.

  • Green bond round-up, 21 Nov

    21 November 2018

    US real estate company Boston Properties has raised $1 billion from its inaugural green bond.

  • Moody’s ready to lower Mexico City airport Green Bond Assessment

    21 November 2018

    In an unpredecented move, Moody’s Investors Service has said it is ready to lower the Green Bond Assessment (GBA) it assigned Mexico City Airport Trust’s $6 billion of green notes.

  • EU taxonomy hits political headwinds that could delay it until 2020

    20 November 2018

    The EU’s proposed taxonomy on environmentally sustainable activities has been delayed by the European Parliament, and may not enter legislation until 2020, Environmental Finance has learned.

  • Mirova renewables infra fund makes €250m first close

    19 November 2018

    Mirova has raised €250 million ($286 million) in a first close of a fund that will invest mainly in greenfield renewable energy projects, energy storage and charging infrastructure across Europe.

  • France’s AFEP warns EU on oversimplified sustainability taxonomy

    19 November 2018

    The influential French Association of Large Companies (AFEP) has issued a striking warning to the European Commission that its sustainability taxonomy risks presenting an oversimplified solution to a complex problem.

  • Neoen increases IPO capital raise to €697m

    16 November 2018

    French renewables company Neoen has sold an additional $68.9 million ($78 million) of its shares, taking the total raised in its initial public offering (IPO) to €697 million.