Concerted government attempts to find a buyer for Lehman proved unavailing; lacking sufficient collateral to secure a Federal Reserve loan, the company’s only option was bankruptcy. In contrast to Lehman, AIG had sufficient assets to secure credit from the Federal Reserve and thus avoid imminent failure.
Moreover, sustainable finance will play a major role in the development of European capital markets. The European green bond market is the single largest green bond market in the world and the European Investment Bank is one of the largest multilateral providers of climate finance worldwide.