Co-operative and Community Benefit Societies (Environmentally Sustainable Investment) Bill

Part of the debate – in the House of Commons at 9:51 am on 11th September 2020.

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Photo of Gareth Davies Gareth Davies Conservative, Grantham and Stamford 9:51 am, 11th September 2020

I am grateful again to the hon. Member for giving way. I am curious about why the Bill proposes green shares and not green bonds, because the use of proceeds of such bonds can be ring-fenced. There is also an established international framework of green bond principles, whereas no such framework exists for green shares.