>> “Climate Solutions" is also available as an e-book.
Any kid with a paint set knows there are lots of different shades of green. So if I try to sell you a “green bond” to help fight climate change, can you know how green it really is?
Our climate podcast green finance episode will tell you how big institutions have figured out a set of rules to make sure that you—or the pension fund or bank that buys them for you—will be able to tell just how green your green bond is.
That’s more important than it might sound. Because fighting climate change is a lot of things—it’s urgent, it’s crucial to the survival of humanity, and it’s really, really expensive.
If we’re going to hit our climate targets, we need to invest trillions of euros in renewable energy and energy efficiency, in adaptation projects that protect us from the impact climate change is already having—and we need to develop new technologies that none of us have even thought of yet.
All this costs a lot of money, and we won’t raise that money unless we can demonstrate to investors that it’s being spent on climate projects with a real impact. That’s what you’ll find out about on our climate podcast green finance episode.