Green Bond
A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects. These bonds are typically asset-linked and backed by the issuing entity's balance sheet, so they usually carry the same credit rating as their issuers' other debt obligations
- Full name or Short Description
- An instrument to raise finance for environmental projects
- Source of definition
- ICMA
- Source and further information
- https://www.icmagroup.org/green-social-and-sustainability-bonds/green-bond-principles-gbp/
- Classification
- Asset
- Category
- Environmental
- Status
- Aspirational
- Date created
- 01/Mar/2021
- Date updated
- 01/Mar/2021