Biggest Polluters Need a Rulebook to Unlock Cash for Change

Biggest Polluters Need a Rulebook to Unlock Cash for Change

(Bloomberg) -- A new type of financing that allows borrowers to shift toward less dependence on fossil fuels has been hampered by a lack of clear labeling and definitions.Expansion of transition finance that specifies the use of proceeds “has been impeded by a lack of clear market standards on what constitutes a transition asset,” said Atul Jhavar, head of sustainable capital markets for the Asia-Pacific region at Barclays Bank Plc.After explosive growth in environmental, social and governance b

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, Environmental , Ocial And Governance , Transition Activities , Polluting Industries , Bloomberg , Inance , Market Standards , சுற்றுச்சூழல் ,

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