"The ‘next’ great transformation of capitalism needs to be focused with laser-like precision on changing the energy markets (from fossil fuels to renewables), the resource and commodity markets (from resource intensity and waste disposal to circular economy resource-linkage), and above all the finance markets to drive the transformation. Until the bond markets are seriously involved, at the scale of tens of trillions of dollars, the transition cannot be said to be seriously under way."  

Very good analysis in OpenDemocracy on the need for a radical rethink of eco-investment finance. Are "climate bonds" or "ecobonds" not a better instrument than the proposed Eurobonds?