Such guidance will make it ‘a lot easier for banks to figure out what to do and what not to do’, expert says at Climate Business Forum, although profusion of guidance may cause confusion in the short term.
Social bonds could help deliver the UN Sustainable Development Goals by driving private capital into essential services. But impact looks different from one place to the next, so how can issuers report it in a way that makes sense?
The OPEC Fund will use the proceeds to support projects related to food security, healthcare, infrastructure, education, employment, and renewable energy
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