From Market Failure to Market-Making: The Role of Financial Institutions in Sustainable Finance
Sustainable finance is often framed as a capital allocation challenge, but in reality it is a market design problem. Across climate transition, green infrastructure, and emerging sustainable technologies, the constraint is rarely a lack of capital – it is a lack of bankable opportunities at scale that meet the risk-return expectations of private investors. Sustainability and public goods are not priced into everyday transactions (which only tend to…

