Sticks and carrots to drive broadening of sustainable finance

Oil gas fossil fuel hydrocarbon refining 28Aug20 from Adobe 575x375
By Jon Hay
11 Jan 2021

Practitioners believe 2021 could be the year when sustainable finance finally breaks out of the narrow confines it has inhabited so far and spreads more widely across the economy.

Up to now, the great majority of green, social and sustainable (GSS) bond issuance has been linked to renewable electricity, greener buildings or cleaner land transport such as rail or low emission vehicles.

Natural resources, manufacturing, services and transport by sea and air have been largely absent.

Of ...

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