To qualify as a legitimate green bond, the issuer is expected to meet certain conditions which are globally known as Green Bond Framework.A green bond is a bond whose proceeds are used to fund environment-friendly projects that have a positive effect on the environment. Such projects could be for prevention of climate change by reducing emissions of greenhouse gases, increasing energy-efficiency, or improving waste management. The concept of green bonds is relatively new and investors need to know about the same.Traditional bonds vs green bondsGenerally, when a company offers bonds to prospective investors it states a reason such as general…
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