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May 2021 Vol.26 No.5


A green washout?

I’m not one to be cynical or cavalier about an issue like greenwashing. All the same, I would like to be clear-eyed on the sources and nature of any such risks in the green bond market. According to a research report from Dutch asset manager NN Investment Partners in October, 15% of green bond issuance then came from companies involved in controversial projects contravening environmental standards. That’s a real problem.

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