Episode 10 | Justine Leigh Bell - How to assess and price transition risks in the bond market
In this episode of The Transition Tapes, we speak with Justine Leigh-Bell, CEO of the Anthropocene Fixed Income Institute (AFII).
Together, we explore the growing importance of transition risk in the $150 trillion global debt market — and the tension at the heart of sustainable bond labelling in the context of the climate transition.
We discuss:
how AFII approaches research on the real-world sustainability impact of bond issuance
why investors should think beyond labels and focus on outcomes
where the European Green Bond Standard fits into the broader landscape
how government bonds could play a role in hedging transition risk, including the case for sovereign transition linkers
Listen to the episode on:
Justine also shares her Transition Tapes playlist — a top house party selection — along with her favourite books, films, and podcasts.
🎵 Playlist:
📚 Books:
● Life of Pi – Yann Martel
● Homage to Catalonia – George Orwell
● The Assault on Reason – Al Gore
● The Resilience Dividend – Judith Rodin
● The Giving Tree – Shel Silverstein
● The Kite Runner – Khaled Hosseini
📺 Movies:
● Shawshank redemption
● Kill Bill Vol. 1 and 2
● Silence of the lambs
● Goodfellas
● Star Wars
Podcasts
● How to Fail – Elizabeth Day
● The Stokecast – Jonathan Ronzio
● Tucker Carlson show
● The Diary of a CEO