03/09/2018at 13:19

World Bank launches first sustainable development water bond

The international financial institution prices the first in a series of bonds focusing on clean and sustainable water, in a bid to raise awareness of the United Nations' Sustainable Development Goals.

Ocean resources and clean water in general has a high focus for the United Nations

by LYKKE OGSTRUP LUNDE

The World Bank has priced a SEK 1 billion (EUR 95 million) 7-year bond, the first in a series of Sustainable Development Bonds issued to spread the word about the critical role that water and ocean resources play in development around the world.

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