Barclays zeroes in on ‘missing middle’ in transition financing

LONDON: Barclays Plc says more money needs to go toward climate transition projects that are too advanced to interest venture capitalists, and too nascent to attract infrastructure investors.

Daniel Hanna, the global head of sustainable finance at Barclays’ corporate and investment bank, says the so-called missing middle of climate transition deals hasn’t been getting enough attention from the finance industry.