Fiji green bond has domestic buyers, international structure
Fiji is set to become the third country to issue a sovereign green bond, with a F$100m ($50m) issue in Fiji dollars. The country, highly vulnerable to climate change, has just taken over as president of the COP meetings on climate change.
In a statement on Wednesday announcing the deal, Fiji said the bond would raise money to support climate change mitigation and adaptation.
The latter is crucial for small island states like Fiji, which are already coping with severe effects from climate change, such as Tropical Cyclone Winston, which caused
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