NEOM, Unsplash
T. Rowe Price Sees Blue Bond Market Poised for Growth
Natasha White, Bloomberg
Blue bonds are debt instruments issued by companies or financial institutions to fund projects that help protect or revive the world’s oceans and waterways in the face of climate change, overfishing and pollution. The market has risen to about $7.2 billion since the first blue bond was issued six years ago by the World Bank.
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