Banks like BNP Paribas and ING help companies issue green bonds to fund sustainability

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

More companies are turning to green bonds to finance their projects. Here's how they work. This editorial article is part of Financing a SustainableFuture series in partnership with BofA_News.

The sale of green bonds — a form of debt that funds renewable-energy projects like wind or solar farms, for example — entered another stratosphere in 2021.

Investors, too, are demanding more green, as they want exposure to companies charting a path toward a zero-carbon economy. Banks, too, must help companies establish a green-bond framework that outlines which projects are eligible for green proceeds and comply with principles outlined by entities like the International Capital Market Association or the Climate Bonds Initiative.

In circumstances like this, borrowers can leverage that investor demand to extract a cheaper interest rate on their green bond, which can make all the extra work worthwhile.BNP Paribas

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

BofA_News Never underestimate the power you have to take your life into a new direction, crypto has been my main source of income ever since I started investing with Roberta Robertaofficia_

BofA_News 越来越多的公司转向绿色债券为其项目融资。下面是它们的工作原理。这篇社论文章是与BofA_News合作资助可持续未来系列的一部分。

Singapore Singapore Latest News, Singapore Singapore Headlines