GB Principles circle closer to green definition

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By Jon Hay
28 Jan 2016

Two new working groups of the Green Bond Principles will begin work next week, on defining greenness and on impact reporting. The move is part of the green bond market’s effort to define itself more clearly, partly in the hope that governments might ultimately subsidise it.

“We are really entering a phase where the public authorities are taking action,” said Aldo Romani, deputy head of funding, euros at the European Investment Bank, a leading green bond issuer. “But as we enter this phase, we need to be more precise about what we mean by ...

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