What is a green bond? And who should decide?
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What is a green bond? And who should decide?

Green bond is a label that issuers attach to their deals. No one says who may use it, or on what kind of bond. But participants in the market have already evolved a set of conventions to guide its use. Exactly what counts as green, however, remains undefined. As Jon Hay reports, this is a hot topic of debate that will shape how the market evolves.

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