Bonds Tied to Green Investments Are Booming
Thursday, March 20, 2014
Green bonds tie the proceeds of an issue to environmental activities. On March 19th Unilever, the world’s second-largest consumer-goods firm, issued a £250m ($415m) bond earmarked for reducing waste, water use and greenhouse-gas emissions. The issue takes green bonds into new areas and could turn them from a niche product into a mainstream financial instrument.