The 27-nation bloc is issuing green bonds to finance the recovery from the coronavirus crisis
The cooperative financial group plans to remain active in the space
BIS project seeks to kickstart sustainable finance
Areas with large emission reduction potential have yet to attract much investment, RBC reports
Proceeds from the three-year bond will be used to finance green and social assets
The bond will finance or refinance green assets tied to categories such as renewable energy
U.S. legislation to mandate ESG disclosure would drive corporate green bond offerings
The federal government aims to raise $5 billion for green infrastructure investment
Growing concerns about “impact washing” were discussed at the RIA conference
The ETF tracks the S&P Green Bond U.S. Dollar Select Index