Popular News From Popular Sites: Barclays to invest $1.6 billion in green bonds by November 2015

Monday, September 22, 2014

Barclays to invest $1.6 billion in green bonds by November 2015

A Barclays sign hangs outside a branch of the bank in the City of London LONDON (Reuters) - Barclays will invest at least 1 billion pounds ($1.6 billion) by November next year in green bonds from issuers including the World Bank, the British bank said on Monday, more than trebling its investment in the sector. Green bonds are fixed income securities designed to raise capital to finance low-carbon investments such as schemes to curb greenhouse gas emissions. Issuers are mainly governments or development banks such as the European Investment Bank, World Bank, International Finance Corporation and the European Bank for Reconstruction and Development. ...




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