The worst effects of climate change may be avoided if we limit the global temperature increase to 2° C above pre-industrial levels, which is now an internationally-agreed target for 2100.  To achieve that goal, the World Economic Forum estimates that we may need to invest an extra USD 700 billion a year in the low-carbon economy

Climate bonds have revolutionised our fight against climate change.  In this paper, we outline our view on how the model could revolutionise the world fixed-income investing.