Monday, November 17, 2008

Green Bonds Issued by World Bank & SEB

The World Bank and SEB have partnered to issue the first "green bond." As part of a wider World Bank effort to "direct large-scale institutional money to tackling climate change," the money raised will be invested in technologies to reduce greenhouse gase emissions, energy efficiency projects, reforestation, avoid deforestation, and help emerging economies adapt to climate change.

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