The Rapid Rise of Sustainable Debt

“Bloomberg’s Jameson Berkow explains how sustainable debt is turning corporations into climate leaders.”

In other words, if corporations accept these types of loans then they are required to comply with certain rules regarding “diversity”, “carbon footprint, and “health and wellness”. Businesses get a reduced interest rate if they meet the various goals. But who makes the rules, who enforces, and is this really “good” for society?

The rapid rise of sustainable debt – Video – BNN (bnnbloomberg.ca)

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

Leave a Reply

%d bloggers like this: