Citi+BoAML promote new Green Bonds Framework; JP Morgan+MS join up; defines a green bond as being about underlying assets not green rating of the company

Earlier this month CitiBank and Bank of America Merrill Lynch (BoAML) launched, via a special EuroWeek report on 'sustainable' capital markets, a "Framework for Green Bonds". This is potentially a big development.

Sth Africa's Nedbank retail green bonds meets their R4bn ($393m) year one target. Over 20% from new customers. Giving customers a chance to vote with their savings.

Nedbank's Green Savings Bond is a bog-standard bank offering for retail customers, except that funds are channelled to financing renewable projects under the South African Government's ambitious sustainable energy policy.