President Biden committed the United States to a 50-52 percent reduction in greenhouse gas (GHG) “pollution” from 2005 levels by 2030.
Earth Day Read
As businesses emerge from COVID with a significant amount of corporate debt, the landscape in the financial markets have also evolved: The focus on ESG issues has intensified. It is timely to take stock of where we are and consider how ESG issues could affect refinancings and restructurings of debt going forward. This article highlights seven key potential development areas through considering recent legal developments, market practices and trends.