Greenium likely to grow in money markets, says BlackRock chief

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By Jon Hay
17 Feb 2021

Apart from a few avant-garde programmes and players, green finance has only recently begun to be noticed in the short term debt markets, but that looks set to change rapidly. GlobalCapital spoke to Thomas Callahan, head of BlackRock’s global cash management business, about how he expects green commercial paper and ESG investing to develop.

As GlobalCapitalreported earlier this month, green CP has moved in less than a year from being stuck in a chicken and egg problem — lack of specific demand leading to lack of interest in issuing, and vice versa — to the opposite: mutually reinforcing interest from ...

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