Falling under one of the SARChI research theme, Ecology and Poverty Reduction, Prof Bracking reports briefly in the Africa Report on the disturbing trends of climate finance, the possible market of speculative trading, use of derivatives and futures for “green bonds”. Not only do the financial patterns of such green bond trades seem to have the potential to end up like that of the “recent” financial crash, such “green” investments do not appear to put money into on the ground interventions which would in fact help to change the course of our planet’s global warming. Rather, without any definition of “green”, or the lack of actual plans of helping affected communities cope with climate-related issues mean that such patterns of finance and any implementing project can be used and mis-aligned to supposedly meet some subjectively vague climate initiative.
Read The Africa Report: Bracking, S (2015, 15 Feb). “Energy: Green bonds, bubbles and torrents” The Africa Report. URL: http://www.theafricareport.com/Columns/energy-green-bonds-bubbles-and-torrents.html