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Learning by doing: SLBs to surge, though role still needs defining

Wave surge surf from Alamy 6May21 575x375

Sustainability-linked bonds are the hot capital markets product of 2021, and are developing so fast that even specialists in the field find it hard to keep up with the pace. The market has benefited from the very early definition of guiding principles last year but, writes Jon Hay, big questions remain about what the instrument is for and how it should be governed.

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