It makes sense that green bonds are meant for green companies. But there aren’t that many of them — not enough to meet the rising demand from investors who want their money to have a positive impact on the environment. So what if some of that money went to finance green activities by less-than-green firms, such as oil companies, coal miners and agricultural businesses? A new concept that’s gaining traction, dubbed for now as transition bonds, could vastly expand the green credit field, and coul
Source link : https://www.washingtonpost.com/business/energy/how-transition-bonds-can-help-polluters-turn-green/2019/07/14/b1af40dc-a5fa-11e9-a767-d7ab84aef3e9_story.html
Publish date : 2019-07-14 16:35:06
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