18 Sep 2020
18 Sep 2020
Newsflow on green investing saw some major development last week. The influential investor group Climate Action 100+ wrote to the largest greenhouse gas emitters in the world, urging them to put in place a “net-zero strategy” for 2050 or earlier. This ambition would effectively mean significantly reducing overall corporate emissions to zero, including ‘Scope 3’ emissions coming from their full value chain of activities.
The European Commission also stepped up their game, announcing they would ramp up their target to cut emissions by 55% by 2030, up from their original target of 40%.
Green bonds financing eco-friendly projects could be well placed to benefit from this shift to decarbonisation, and a world striving to align with the most ambitious goal of the Paris Agreement – a global warming limit of 1.5°C above preindustrial levels.
In our latest Expert’s View, we give an update on the market, discuss how green bonds compare to traditional ones, and share our views on the ‘greenium’ debate on green bond pricing.
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