How climate cuffs could save the planet, Markets in the time of Covid-19
Tuesday 27 October 2020 – Vol.11 Ed.44.2
Commentary: Climate cuffs could save the planet
By Michael Mainelli and Djellil Bouzidi
As temperatures rise, climate change is becoming increasingly costly. The world needs financial tools to turn down the economic thermostat. Sustainability-linked bonds (also called environmental policy performance bonds or environmental impact bonds) are one such instrument. Sovereign policy...