Green Bonds: They're Becoming a Standard and They're In Need of Clear Standards
Published on July 14, 2021
More than a trillion dollars' worth of green bonds have found buyers around the world, but standards for defining what makes a bond green remain watery. How fast and how far can this technique extend before standards make it more reliably predictive of carbon savings- or before an investor loses enough capital to cast doubt on what should stand as a promising instrument?