The burning issue ahead of November’s UN climate summit

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Financial Times 13h ago

The burning issue ahead of November’s UN climate summit - Financial Times

Quick Summary:

With just a couple of months ago until the UN COP29 climate summit kicks off in Azerbaijan, one source of certain tension is clear.

But the new report notes that non-financial corporate issuers have now become the dominant issuers of blue bonds — a marked change from a few years ago when activity was led by financial institutions, along with supranational bodies and national governments.

A useful paper published this week by non-profit groups Concern Worldwide, Mercy Corps and Plan International highlights several issues that are likely to prove major bones of contention at the upcoming summit.