The rapid rise of green bonds, sustainability-linked loans and other sustainable finance transactions has been one of the most surprising developments in corporate finance over the past 15 years. Sustainable finance is rapidly growing as an educational subject among top universities, business schools and law schools, separate from the only somewhat related “ESG” and sustainable investing trends. But sustainable finance transactions are prone to being misunderstood, sometimes the subject of controversy and structured largely behind closed doors. Mainstream news outlets, NGOs and...