Sovereign Debt Presents Green Investors With a Predicament – BNN Bloomberg
(Bloomberg) — For the hundreds of investors claiming to target net-zero portfolios, their largest holdings are often their biggest problem. That’s because the $64 trillion global market for sovereign bonds is largely inhospitable to sustainability-minded investing. Why? There are only a limited number of issuers (fewer than 150 globally compared with more than 70,000 corporate bond…