Sustainable Finance and Investment

For green finance, climate policy is the new monetary policy

FILE PHOTO: Two employees of SPCG, Thailand's largest solar farm producer, take notes between panels at the farm in Korat, Nakorn Ratchasima province, October 3, 2013. Riding on generous government incentives, Thailand's energy firms are deepening a push into solar power to bolster their profits over the next few years and perk up lacklustre shares. Picture taken October 3, 2013. REUTERS/Athit Perawongmetha (THAILAND - Tags: BUSINESS ENERGY)/File Photo

Green bonds are often used to fund climate-friendly projects like this solar farm in Korat, Thailand. Image: REUTERS

Huanhuan Zheng
Assistant Professor in Lee Kuan Yew School of Public Policy, National University of Singapore
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