New Zealand government announced it’d be issuing a ‘green bond’ to fund low-emission or environmental projects such as renewable energy or reforestation, have increasingly become part of climate financing around the world including the UK, Germany and France. The ‘green bonds’ are issued at lower interest rates (relative to conventional govt bonds) to money managed by sustainable funds & those with ESG (environment, social and sustainability) mandates. In 2020 the global green bond market reached a cumulative issuance milestone of … Continue reading “New Zealand To Issue Sovereign Green Bonds To Support Climate Transition”