Two property green bond standards unveiled, by CBI and GRESB
The fast-developing nature of the green bond market was highlighted on Wednesday, as two separate organisations independently released standards for green bonds from property companies.
The Global Real Estate Sustainability Benchmark (GRESB) and the Climate Bonds Initiative (CBI) both picked Wednesday to release their standards.GRESB is an organisation focused on assessing the sustainability of property portfolios for institutional investors, while the CBI is a not-for-profit entity that promotes bonds as a means to ...
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