Introduction Every investment activity whether “brown” or “green” requires funding. Such funding is typically obtained through bank loans or by issuing securities in the capital markets. The interest and principal amounts borrowed are repaid using the cash flows generated by the investment activities. But when these cash flows are insufficient to meet repayment obligations on […]
Tag Archives: green bonds
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May
May
Introduction There is a fair degree of consensus that in order to prevent the worst climate damages, global net emissions of carbon dioxide need to fall by about 45 per cent from 2010 levels by 2030, reaching net zero around 2050. To curb the adverse effects of global warming, the Intergovernmental Panel on Climate Change […]