World Bank green bonds for tackling climate now exceed $4 bn.

Climate Bonds Initiative: Three weeks after adopting a new energy policy that axes coal lending, the World Bank is back with a new $550m, 2 year Green Bond, AAA. The bond coupon is 0.375%, slightly better than US Treasury bonds.” ….”The World Bank has issued  almost sixty green bonds since 2008, with an estimated total value of over $4bn. Proceeds go to tackling climate change issues that directly impact developing countries.”