Environmental

Green bonds form basis of new institutional investment funds

With the increasing demand for sustainable fixed income investments on the rise, fund managers are creating funds that invest in so-called "green bonds" - bonds with investments in projects such as renewable energy developments. While it is possible to source sufficient supply of bonds that are verifiably invested in mitigation and adaptation projects, for moment, the available pool of credit-worthy green bonds is mostly limited to supranational and multilateral development banks (MDBs), forming a US$12bn market.

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Read more: green bonds,  MDB,  fixed income,  renewable energy,  multilateral development banks,  World Bank,  Asian Development Bank. African Development Bank,  Carbon Disclosure Project,  Climate Bond Initiative,  climate change,  environmental social governance,  ESG,  European Investment Bank,  International Energy Agency,  International Finance Corporation,  IRDB,  Lochiel Crafter,  Network for Sustainable Financial Markets,  Nordic Investment Bank,  Sean Kidney,  State Street Global Advisers