If Carlsberg did green bonds:curating a gold standard in green debt architecture

The adoption of green labels by financial institutions is not regulated. Some issuers use the green label for non-green bonds, leading to sub-optimal outcomes for those who invest in these securities. This means that investors systematically under-allocate money to inherently green bonds and over-allocate it to inherently non-green ones. Karim Henide overviews a promising initiative by Austrian electricity provider Verbund, which sets what he considers a gold standard for green debt architecture.