As the government tightened the permitting process in 2009 and 2010, "a number of decisions have shaken the sector and delayed projects," the study noted. It also referred to a lack of clarity regarding offshore deployment and deep cuts in the guaranteed purchase price for photovoltaic generation...
They were introduced by Enel, the Italian utility, in 2019, but the second issuer, Brazilian paper company Suzano, did not appear until September 2020. The market is open to a wide range of key performance indicators being used—investors see environmental KPIs as natural, including nonclimate-...