Bonding

At last, finance for sustainability is starting to stick. One indicator of this is the boom in green, climate and social bonds, which are expected to exceed $1 trillion in 2021. This simple financial instrument – effectively, a loan taken by a company from multiple investors with a fixed date of repayment – is proving to be a powerful agent of change. Amazon recently issued a $1 billion bond to finance initiatives across five focus areas: renewable energy, clean transport, sustainable buildings, affordable housing and socio-economic empowerment. Sustainability bonds combine a safe financial return with a positive social return on investment.

— Wayne Visser

From Purpose Inspired: Reflections on Conscious Living, Volume 5. Buy on Lulu ↗