(Bloomberg) Much of the world has been turning away from nuclear power, with its aging plants, legacy of meltdowns and radioactive waste. But some governments, big companies and billionaires including Bill Gates and Warren Buffett are convinced the technology can help save the planet.
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Asia Carbon-Free Plans Boost Outlook for ESG Credit Issuance
Bloomberg 12/23/2020 Beth Thomas
(Bloomberg) Asia will need all the help it can get next year from more financing for environmental, social and governance projects, after recently setting some of the world’s most ambitious goals to end carbon emissions.
The region is the world’s largest greenhouse gas emitter, making the stakes for ESG bonds and loans all the higher. China pledged in September to go carbon-neutral by 2060. The next month, Japan said it would do so by 2050. The years sound distant, but the scale of the task means funding must ramp up immediately.