Perspectives / Sustain / Transition finance and the...
Sustainable finance isn't just green finance – it's also transition finance, for 'brown' sectors that must become less so to preserve the environment.
What is 'transition' finance – and why is it becoming so important? How can sectors whose growth largely depends on environmentally harmful forms of activity be included under the 'sustainable' umbrella? And how does this fit in with the three revolutions that sustainable finance has been undergoing?