New approach to deficits could spur sovereign green bond revolution

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New approach to deficits could spur sovereign green bond revolution

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BRUSSELS, BELGIUM - JULY 30, 2014: The European Parliament Room (debating chamber) on July 30, 2014 in Brussels. | Jelle van der Wolf/VanderWolf Images - stock.adobe.com

The sovereign green bond market could get a tremendous boost, economists believe, from the European Commission's changing attitudes to member states' fiscal deficits, writes Lewis McLellan.

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