As nations bicker, a greener future evolves in financeAnalysts believe that green finance could help save the planet and make money for investors. "Most of them are Republicans for god's sake," he said at a conference on climate finance organised by the European Bank of Reconstruction and Development (EBRD) in London. Kidney's independent organisation certifies "green bonds" issued by governments, municipalities and companies whose proceeds are devoted to sustainable development. In the acronym-heavy field of climate finance, central banks are also getting in on the act. "Without carbon pricing, you can only go so far," Eric Usher, head of the UN Environment Programme's finance initiative, said.

Source: Bangkok Post February 09, 2020 03:56 UTC