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European Institutions Offer $370 Million for Sustainable Maritime Shipping Projects

European Institutions Offer $370 Million for Sustainable Maritime Shipping Projects

The European Investment Bank and ING signed an agreement this week for 300 million euros ($370 million) to support green investments in the European maritime shipping market. Each institution will contribute 150 million euros to a sector risk-bearing facility for projects that improve transport vessels’ environmental performance. “It’s no secret … Read more »

Could Climate Bonds Become a Major Force in Green Finance?

So-called “green” or “climate” bonds, being issued by a number of financial institutions and state governments as a means of generating funding for sustainable development and clean energy technology, are becoming increasingly popular and could become a major new force in the green investment world, according to the Globe-Net. The World Bank developed … Read more »

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