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CommentFebruary 28 2020

Transition bonds deserve the green light

Transition bonds – an issuance option for 'brown' companies wanting to clean up their act – are controversial but essential tools in the fight against climate change.
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There is growing acceptance of the fact that we need to drastically change the way our economies function if we are to avert a climate crisis. Industries and sectors across the board will need to radically reduce their greenhouse gas emissions and ideally adopt net zero operating models in order to stabilise global temperature increases.

The fact that achieving such a transition is essential does not change the fact that it will be an almost unimaginably large and complex undertaking, and something that cannot happen overnight.

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