Jordan Directions EU must deliver investment grade green policy: HSBC | Environment
BRUSSELS (Reuters) - Energy efficiency and low carbon investment is gaining traction as a financial asset class, but to deepen confidence the European Union must deliver "investment grade policy" a senior executive at HSBC said on Monday.
...Nick Robins, head of HSBC's Climate Change Centre of Excellence, said the EU would be delivering clear signals, or "investment grade policy", provided it met Denmark's deadline.Robins, who is also co-chair of the United Nations Environment Programme (UNEP) Finance Initiative Climate Change Working Group, said negative sentiment on green investment was "bottoming out" after being depressed by economic crisis.
The opportunities for banks from climate change are huge, according to HSBC, one of the world’s biggest banks.
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