In the second part of his
two-part series in Environmental Finance, Hervé Duteil, BNP Paribas’ Chief
Sustainability Officer for the Americas, looks at what transition finance means
– and what it doesn’t mean – and suggests a framework to start thinking about
transition bonds (and loans).
Which sectors could be
covered by transition finance, and using what criteria? What kind of guidelines
might we use for this new avenue of finance? What is covered by the concept of
the ‘just transition’ – and where does it end?