Launch of the Solactive Green Bond Index – First Index in the Market to Provide Exposure to Green Bonds.

03042014solactiveSolactive AG has launched today the Solactive Green Bond Index, first index in the market to provide exposure to green bonds. The green bond concept was developed in 2007 by the World Bank and the European Investment Bank. Green bonds are now commonly defined as fixed-income securities that raise capital for a project with specific environmental benefits, where the proceeds go to climate mitigation or adaptation efforts. Green bonds are part of the overall climate themed bond market, which has been rapidly increasing over the last years, amounting to currently USD 346 billion. More…

 

Source: Solactive

admin // 20.03.2014

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