UK government hangs back on green gilts.......>

GILTS: UK government hangs back on green gilts (FT)

- As temperatures rise across the world and the focus on environmentally

friendly financing intensifies, the UK government is feeling the heat. Poland,

France and the Netherlands are among a handful of European countries that have

already issued green sovereign bonds, the proceeds of which are spent by

governments on specific environmental projects, such as renewable energy or

public transport. Yet despite becoming the first developed economy to commit to

net zero carbon emissions by 2050, the UK is yet to join the club. British

investors that want to add an environmental, social and governance (ESG) element

to their portfolios are consequently piling money into green projects abroad.

- Link: https://www.ft.com/content/d63e2036-f4e6-11e9-bbe1-4db3476c5ff0