Sunak urged to issue green bonds with higher returns if climate goals missed

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Sunak urged to issue green bonds with higher returns if climate goals missed
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Thinktank says following Chile’s example would give ministers greater incentive to meet targets

Rishi Sunak is being urged to issue a new generation of green bonds that would offer higher returns to investors if the UK government fails to hit its climate change targets.said its plan for sustainability-linked bonds would provide ministers with a greater incentive to meet carbon-reduction goals and would help boost the UK’s prospects of being a global financial hub for green finance.

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