Green Supply Chain
How sustainable is a consumer good, like a car? Looking back at the intermediate goods produced during the stages of getting to that final good, such as the motor to put into the car, how sustainably were those intermediates produced? Windmills are considered more environmentally friendly than gas power plants. But windmills require steel, which is a highly emission-intensive product. Hence, we also need to switch to environmentally friendly steel. This is but one example of “greening” the supply chain—how the green transition requires switching from fossil fuels to cleaner energy sources not just at the end, but all along […]
The Rise of Blue Bonds
“Oceans absorb one-third of carbon dioxide emissions. Yet projects connected to oceans are underfunded as per the UN Sustainable Development Goals (SDG),” said Tom Counsell, Assistant Vice President at T. Rowe Price, a global investment management firm. “What is meant by the blue economy, and how can it help save the oceans?” On December 10, 2024, Counsell welcomed an audience to a webinar, “The Rise of Blue Bonds and the Blue Economy,” featuring two panelists from the Chartered Financial Analysts Institute (CFA Institute) and T. Rowe Price. Blue bonds are fixed-income financial instruments (bonds) issued specifically to finance ocean conservation and sustainable […]