ebrd

The European Bank for Reconstruction and Development (EBRD) has launched its third environmental sustainability bond, bringing its total issuance since December 2010 to €29 million ($41.4 million). As with previous bonds, they're aimed at the Japanese retail market.

The bond proceeds are “specifically earmarked to support a portfolio of ‘green’ projects".  Apparently a fourth green bond will be launched in the "near future".

The European Bank for Reconstruction and Development has released its first green bond, with funds raised being used to finance environmental sustainability projects. This follows similar bonds issuance by the World Bank, the International Finance Corporation, the European Investment Bank and the Asian Development Bank.