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The green transition: implications of the European recovery plan - AllianceBernstein

AllianceBernstein’s Global Economist and Portfolio Managers review the background to the EU’s Green Deal and explain the risks and opportunities for bond investors.

Posted on Mar 05, 2021

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... Despite questions over financing the European Union’s (EU’s) new Green Deal, the green transition is now under way.

The implications for bond investors are clear and urgent. Global efforts to combat climate change are about to get a welcome boost from US reengagement.

One of President Biden’s first acts was taking the US back into the Paris climate accord. But while the US was shunning the climate agreement, the EU was taking the lead.

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