One of the most concerning problems today is excessive greenhouse gas (GHG) emissions. To try to tackle this problem many governments use carbon pricing, a policy that assigns a cost to the release of GHG. This post will present an overview of the United Kingdom's...
Carbon pricing is a market-based instrument that aims to reduce greenhouse gas (GHG) emissions in an economy. Two widely used forms of carbon pricing are carbon tax and a cap-and-trade system. A carbon tax is a fee imposed on burning carbon-based fuels, such as coal, oil,...
Britain is at a crossroads as it prepares to leave the European Union’s trading regime at the end of the year. UK Chancellor Sunak has made a major announcement on green finance, setting out his post-Brexit vision for the city of London as a green...
Alphabet has launched one of the largest sustainable bond offerings to be ever recorded, devoted to funding ongoing and new green and social justice-oriented projects. Sustainable bonds are not without risk of social washing and investor monitoring is much needed. The Covid-19 pandemic has boosted the offering of socially-related bonds,...
According to the OECD, globally, EUR 6.35 trillion a year will be required to meet the Paris Agreement goals by 2030. The EU Taxonomy will help investors and companies in choosing green opportunities that are in line with a low carbon economy and resource-efficient economy. Finance enables transformative improvements in industries all over Europe and globally. According to the...
The issuance of social bonds has outpaced that of green bonds this year, reflecting a diversification in sustainability investments and increasing attention by investors on social matters and social risks in light of the challenges brought by COVID19. Covid-19 has brought investors increasing attention on social matters...
Investors seeking more than just financial return face the risk to issue bonds that are green in the name only. According to Financial Time, “the green bond market is growing faster that ever, and companies and government have borrowed more than $100bn so far this year”. However,...
STORY HIGHLIGHTS Green bonds are mobilizing billions of dollars a year for development projects that countries and cities need, carried out in ways that are good for the climate and environment. 2014 was a record year for the young green bond market, with over $35...