New Development Bank raises $450m in first green bond sale

Madeleine Cuff
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New Development Bank raises $450m in first green bond sale

Cash raised by the bank's first green bond sale will be used to support clean energy projects in BRIC nations

The bank set up by the so-called BRIC nations of Brazil, Russia, India, and China to fund development projects has completed its first-ever sale of green bonds, raising three billion yuan ($450m) to support...

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