Sideways: How green is your banker?

The trend towards social debt issuance at the expense of green bonds poses a conundrum for firms looking to appoint credible leaders for a push into sustainable financing.

Tanguy Claquin is the very model of a modern environmental banker. The head of sustainable banking at Crédit Agricole CIB is a climate scientist with training in atmospheric physics. He knows what he’s talking about.

Claquin is an obvious fit for Crédit Agricole, which was founded as a financing cooperative for French farmers and branded itself as the green bank long before consulting firm Oliver Wyman announced that there could be $150 billion of fees on offer in the next 10 years from sustainable finance.

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