The Problems with Green Finance (w/ Adrienne Buller)
The Climate Pod
00:00
How Does Passive Investing Impact Clean Energy Companies?
passive investing has this risk of kind of favoring large, incumbent firms and potentially crowding out smaller, upstart firms. In part that's based on a set of criteria for an index that often is built a round size. Active investors have started to move out of the fossil fuel industry very slowly, nowhere near fast enough but they've started to move away from it. Men are becoming kind of holders of last resort, which is this term that campaigners have used for a long time. And there is also an interesting trend with bonds, which are a form of, like debt instrument, basically. There is evidence showing that the rise of passive vesting is driven companies to issue more debt, issue
Transcript
Play full episode
