Sustainable or green banking is a banking practice that considers all social, environmental, and ecological issues with the aim of protecting the environment and preserving natural resources.
This study of city-level data from the People’s Republic of China finds that green bond financing is associated with better air quality and lower mortality rates.
Sugar Valley Energy Project to Issue Green Bonds – Advanced BioFuels USA advancedbiofuelsusa.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from advancedbiofuelsusa.info Daily Mail and Mail on Sunday newspapers.
Thursday, 10 June 2021
California Ethanol + Power (CE+P) has announced that its Sugar Valley Energy advanced biofuel project has been verified for Green Bond Financing through the alignment of the project with the Green Bond Principles established by the International Capital Market Association (ICMA). Courtesy of CE+P
Sugar Valley Energy represents the first project of its kind to be financed using green bonds, which are used globally to finance projects with an environmental benefit. Designed to help the State of California achieve a 20% reduction of carbon in fuels by 2030, this state-of-the-art facility will produce 68 million gallons of low-carbon fuel-grade sugarcane ethanol annually. At the same time, the project also provides other regional benefits including jobs for Imperial County residents, a profitable and sustainable crop for the farmers in Imperial Valley, and an increased tax base for the community.