Science
Greenwashing fears may drive up the cost of climate finance
Reducing greenhouse gas emissions from industries such as steelmaking, chemicals and energy production requires enormous investment. Unlike conventional green bonds, which typically finance clearly defined environmentally friendly projects, climate transition bonds help carbon-intensive industries g

Reducing greenhouse gas emissions from industries such as steelmaking, chemicals and energy production requires enormous investment. Unlike conventional green bonds, which typically finance clearly defined environmentally friendly projects, climate transition bonds help carbon-intensive industries gradually move toward cleaner operations.
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