Australia in no rush to join global stampede to green bonds

Australian Prime Minister Scott Morrison still refuses to commit to a deadline for net-zero emissions, despite the country’s susceptibility to climate change as a dry continent beset by increasingly savage bushfires.

SYDNEY: Don’t expect Australia to join the growing ranks of countries issuing debt to fund environmental objectives any time soon.

Sustainable finance is one of the hottest parts of global markets, with green bond issuance above $200 billion so far this year.