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  • Writer's pictureGustavo Bernal Torres

All Green Bonds Are Not Created Equal

  • How Morgan Stanley looks through the labelling and critically assesses sustainable bonds (labelled debt instruments where the issuer has committed to financing certain environmental and/or social objectives) that come to market.

  • The assessment covers a confusing mosaic of labels, a multiplicity of factors related to the bond issuance, and the alignment of the issuance with market frameworks.



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