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In its deep dive into the worlds most sustainable private- and public-sector companies, Corporate Knights revealed an undeniable fact: public-sector companies are doing essential work when it comes to moving the needle toward a greener globaleconomy. It is also one of the biggest green financiers globally.
If you broaden the aperture a bit more, you’ll see a much, much bigger opportunity: to finance the transition of the globaleconomy to achieve the United Nations Sustainable Development Goals. We’ll focus, as my learning journey did, primarily on ESG investing and greenbonds and loans. trillion annually.
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Since the first blue bond issuance by the Seychelles in 2018, the market has grown, albeit modestly. Last year, blue bonds worth $2.5bn were issued, according to data provider ICE — a 10.6 per cent of the issuance of greenbonds, which raise funds for a wider range of environmentally-friendly purposes.
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