How green bonds in capital markets create depth for real estate

When veteran French conservative politician and former head of the International Monetary Fund (IMF), Christine Lagarde was being interviewed to become the first female president of the European Central Bank – the most powerful economic institution in Europe, according to a green business new site Climate Change News, her pitch suggested that the bank should phase out climate-warming investments and move gradually transition towards green products.

Lagarde’s view is firmed up in growing acceptance that the world today not only has to confront an economic crisis, with rising levels of poverty, and insecurity but also a climate and environmental crisis, with potentially severe consequences for humankind.