Bond fund managers have called on Chancellor Rishi Sunak to use Wednesday’s Budget to introduce green gilts to finance a predicted green infrastructure agenda.
A number of investors believe the UK Government should "walk the walk, not just talk the talk" and "back up" its climate emergency declaration with "policy and action". Firms called for the introduction of green government bonds issued by HM Treasury throughout 2019, with Columbia Threadneedle leading the way. However, Threadneedle's lobbying ran into problems last year, in the form of a transitory Theresa May-run Government as well as general resistance from Debt Management Office (DMO). Investment industry backs calls for Government issuance of green gilts But Simon Bond, mana...
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