Where’s All That Green Bond Money Really Going?
“Overall issuance is skyrocketing, but transparency is hard to come by.”
[COMMENTARY]There’s a clear need for a universal mechanism for tracing the flow of funds raised via green bonds. Otherwise, confidence in this market could falter, and dealing with climate change negatively affected. This is beside the potential detrimental impact on the stock and bond prices of the corporation for misbehavior. That alone might be a sufficient deterrent. Who knows?
Where’s All That Green Bond Money Really Going? By Tim Quinson, August 4, 2021, Bloomberg Green, USA.