Regulation needed to support 'green' bonds

Tue, 13 Nov 2018

By Pattrick Smellie Nov. 14 (BusinessDesk) - Urgent investment required to help meet climate change targets is more likely to happen if the government drops its hands-off approach to regulating so-called ‘green’ bonds, Auckland law firm Chapman Tripp says. In a report on the emergence of ‘impact investing’ as a new form of philanthropy, the firm takes issue with the Productivity Commission’s finding that there is no need to regulate for bond issues that seek to raise funds intended for environmental purposes. “The evolution of green bo...

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