Syndicate content

Add new comment

This is great news. I fully support this wholesome and positive endeavor. I personally had thought recently about doing something similar for private energy companies, specifically coal-fired power plant companies, who whine and complain that it is too expensive for them to retrofit their plants with the latest stack emission reduction equipment. I thought: why not establish a bond market for interested investors to invest in company-issued bonds whose proceeds were to be used only for the upgrading of their plants with the best available technology. What the World Bank is doing with its green bond program could apply wonderfully to the private sector, I believe.