Sustainable Bonds Hope to Help Fix the Planet

Article by Sonia Kolesnikov-Jessop

SINGAPORE - Financial experts may debate how much it would cost to shift the world to a low carbon economy, but they agree on one thing: the amount would be phenomenal. The International Energy Agency in Paris, for example, has estimated that it would take $46 trillion in additional clean-technology investments over the next 40 years to halve carbon emissions by 2050.

For Ben Caldecott, head of the British and European Union policy department at Climate Change Capital, a London-based environmental investment manager, the answer is clear. "The only pool of capital deep enough to finance our low carbon transition is that held by institutional investors and players in the debt capital markets," Mr. Caldecott said. "New green bonds are a way of accessing this pool of money."

Read the full article here at the New York Times

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Sustainable Bonds Hope to Help Fix the Planet