Green investment frenzy runs risk of becoming a bubble, BIS says
The rapid pace of growth in green investing raises the prospect of a bubble that could burst further down the road, according to the Bank for International Settlements.
By Catherine Bosley, bloomberg
Price-to-earnings valuations for clean energy companies are high and more analysis is needed to understand how green investing is playing out in the credit market, the Basel-based Bank for International Settlements said in its quarterly report published on Monday.
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