It might have been a tough 18 months for sentiment in environmental markets, but many of them have “the wind in their sails”, says Bastien Declercq, head of the environmental business at Marex, as the war in the Middle East once more sends fossil fuel prices soaring. 

“The most exciting story at the moment is around the biofuels that will become building blocks to create or substitute traditional fuels, such as biogas to create marine fuels,” he says. 

Indeed, many analysts believe the latest