Germany on Monday announced details of its first “green” bond placing, tapping financial markets to fund environmental projects for the first time. The finance ministry said it would raise up to 11 billion Euros in 2020 to support climate-related projects.
At least five Latin American governments and several companies are considering debt sales to fund environmentally friendly projects in what is expected to be the region’s most active year for the issuance of so-called green bonds since 2017.