Nearly half asset owners are 'negligently gambling on climate risk'

European sovereign sustainable bond issuance is forecast to "stall" or decrease in 2024 amid a series of political and financial headwinds, with the EU also expected to fall short of its own green bond issuance plans.

As negotiations on Article 6 continue into the second week of COP28, Environmental Finance has heard that EU may be looking to 'curtail' negotiations amid concerns about how its own carbon mechanisms could be affected.