Climate summit: The greening of international finance

[rangerrebew]

Climate summit: The greening of international finance
December 11, 2017

It is often said that the colour of money is green, but until recently the finance industry hasn't been well adapted to helping achieve policy objectives for the environment.

New instruments have been developed to help mobilise financing for projects to mitigate climate change, some of which have caught on, but measuring their impact remains difficult.

Also known as climate bonds, these have quickly become the major weapon in the funding arsenal. Green bonds are debt issued to finance projects that have a positive impact on the environment. The amount issued has jumped in 2017, particularly in Europe.


Read more at: https://phys.org/news/2017-12-climate-summit-greening-international.html#jCp

[Joe Wooten]

Fools and their money will soon be parted as the parties that issued the bonds default on them after spending the money and getting nothing in return.

[IsailedawayfromFR]

Fools and their money will soon be parted as the parties that issued the bonds default on them after spending the money and getting nothing in return.

Hope they do it, as I will buy even more oil company stock.

No other stock has the assets that back up their stock value than them. Most of it is in the ground, but it is still there.

[Joe Wooten]

Hope they do it, as I will buy even more oil company stock.

No other stock has the assets that back up their stock value than them. Most of it is in the ground, but it is still there.

I have NEVER regretted buying Exxon and Mobil stock back in the early 1980's. I've lost track of how many times they split before they merged.