Green bond boom leaving out vulnerable countries, says report

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LONDON • The green finance revolution risks leaving out emerging markets (EMs), including some of the world's most vulnerable nations to climate change.

There is too much emphasis on developed-market standards to define EM bond rules, according to a report from London's Imperial College Business School, based on interviews with over 40 asset managers and global banks.

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A version of this article appeared in the print edition of The Sunday Times on April 04, 2021, with the headline Green bond boom leaving out vulnerable countries, says report. Subscribe