Climate change
Green bonds need standards to better show impact, industry says
For funds to keep up with climate change, industry and policymakers have work to do
Sustainable investments, designed to help reduce pollution, need to better demonstrate their impact if the industry is to keep up with rapid climate change, industry participants said at a conference.
Growth in 'Environmental, social and corporate governance' (ESG) investments has been rapid over the past years, but industry participants and policymakers have failed to improve standardisation.
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