The adoption of increasingly stringent renewable-energy and climate change targets globally will dramatically boost the issuance of green bonds, forecasts Fitch Group-affiliated BMI Research power and renewables head Georgina Hayden. In the wake of the landmark United Nations 2015 Paris Agreement aimed at combating climate change and intensifying investments needed to sustain a low-carbon future, the South African government will continue to progress efforts towards reaching its Nationally Determined Contribution (NDC). These efforts have, to date, resulted in increased pressure on mining and metals companies to lower their carbon emissions.
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