Banks and investors ignoring biofuel risks

The harmful climatic effects of biofuels, which policymakers have long promoted as a solution to climate change, are increasingly being pointed out, although the financial industry remains largely unaware of them. A report by ShareAction has highlighted the risks investors and banks are running by financing the burning of wood as a fuel.

  • By Jon Hay
  • 08 Feb 2019
Because plants can be grown, fuels based on them are renewable, and this has allowed them to be bracketed with low carbon technologies such as wind and solar power — and to receive subsidies. But burning wood or plant-based oils and gases involves emitting as much, or sometimes ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Global Green Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 1,936.96 10 9.13%
2 Citi 1,738.87 5 8.20%
3 HSBC 1,544.10 12 7.28%
4 Barclays 1,148.44 6 5.41%
5 Credit Agricole CIB 1,048.00 7 4.94%