Article
Will transition debt become the new green for sovereigns?
Sovereign bond issuers have so far focussed on green debt, but could transition debt, aimed at decarbonising heavy emitting industries soon play a bigger role?
By Thomas Helm
Until Japan’s landmark $11bn issuance last February, transition bonds were the niche preserve of mostly Asian corporates, accounting for only a tiny percentage of global issuance of sustainability bonds. Outside of Japan and China, the only other transition bond issuers were the European Bank for Reconstruction and Development and Italian energy infrastructure company, Snam, though both were repeat issuers.
The full article appeared in NZI Spark! and is available here.
