For a long time, we have had a uniform system of accounting rules to make sure banks, and businesses in general, are honest and transparent in reporting their financial performance. What about the performance of the financial sector when it comes to climate change though? Now, a new standard exists to give us the same honest and transparent reporting when it comes to financed emissions.
Blog
For a long time, we have had a uniform system of accounting rules to make sure banks, and businesses in general, are honest and transparent in reporting their financial performance. What about the performance of the financial sector when it comes to climate change though? Now, a new standard exists to give us the same honest and transparent reporting when it comes to financed emissions.
How they could help finance the transition of carbon-heavy companies, but only if the issuers are serious about climate.
Article
by Kari Huus of US Green Bonds Review from Climate & Capital Media
The green bond market is on fire, channeling record funds into climate-friendly projects around the globe — and at a relatively low cost to issuers. Green bonds offer a promising synergy between investors with trillions of dollars chasing ESG products and the need for climate finance, especially in developing countries where access to affordable debt is essential to install those solar arrays, wind turbines and other infrastructure to underpin a new green economy.
