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

Madeleine Cuff
clock • 2 min read

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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