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New York University's independent student newspaper, established in 1973.

Washington Square News

New York University's independent student newspaper, established in 1973.

Washington Square News

New York University's independent student newspaper, established in 1973.

Washington Square News

All content by Malavika Rajesh
The exterior of 10 Astor Place.

Most loans for sustainable initiatives not used for ‘novel’ projects, Stern study finds

The study found that corporations only use 2% of the proceeds from the loans, known as green bonds, to support projects with any distinct or “additional” environmental benefits.
Malavika Rajesh, Staff Writer October 18, 2024

Researchers at the Stern School of Business found that only 2% of the money U.S. corporations allocate toward green bonds, or federal loans for more sustainable initiatives, is...