Sustainable Bond Sales Plummet to Lowest Point in Nearly a Year
In a significant downturn for the sustainable finance market, sales of sustainable bonds have reached an 11-month low. The noticeable decline comes as issuers scale back their activities amidst a backdrop of fluctuating market conditions and increasing economic pressure. This drop in sustainable bond issuance highlights a worrisome trend that could affect environmental initiatives and corporate responsibilities in the finance sector.
Continue readingGreen Municipal Bonds Surge as Indian Cities Pursue Climate Solutions
Indian cities are increasingly turning to green municipal bonds as a sustainable financing solution to combat climate change and fund environmentally beneficial projects. With the urgent need for countries worldwide to address the impacts of climate breakdown, cities in India are stepping up their efforts to implement green infrastructure, clean energy, and sustainable urban development initiatives.
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