Eco Money: Should a ratings system be implemented for Green Bonds?
A flurry of Green Bonds have been hitting the market as companies and governments across the globe turn to such instruments. Experts say that this year's issuance is likely to surpass last year's global $250 billion. But are these bonds really contributing to the fight against climate change? And could a ratings system keep issuers in check? In this week's Eco Money, Rachel Kelly speaks to Mitch Reznick, Head of Sustainable Fixed Income at Federated Hermes to find out.
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