As market-based finance (sometimes referred to as "shadow banking") or rather market-based re-financing of banks by means of bond repurchase agreements in the 19th century was the basis for the development of bond rating agencies in the US. Write me an article arguing for why market-based sustainability finance and the capabilities of banks to refinance, by repurchase agreements with the Eurosystem will be essential to the emergence of a european sustainability rating agency. Avoid using the following keywords: agreement, century, emergence, sustainability
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