The sustainable finance and clean energy market paradox
Stanley Lam9 October, 2025
Global sustainable debt has faced strong headwinds since peaking in 2022, challenged by higher interest rates, slower economic growth, and shifting policy environments. Yet renewable energy investment, as one of the largest allocations of sustainable finance proceeds, has continued to expand. This divergence raises a critical question: Why has clean energy capital proven resilient while broader sustainable finance has stalled?
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