Of bonds, green and not so green

VINAY RUSTAGI | 14 April 2015

A green bond is a green bond is a green bond – is that true?  Unfortunately, "green bond" is not a standard, well defined term.  Green bonds come in all shades of green, from the lightest tea green to the darkest ocean green, if you like.  A good way to evaluate the “greenness” of a bond is to see, if it makes a material difference to investment decision of the investors – in terms of an outright yes/ no, the maturity, the return expectation or the risk appetite. The bigger


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