Sustainability and carbon market news
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The World Bank has unveiled a $50m Emission Reduction-Linked Bond to finance low-carbon development projects in Vietnam that generate carbon credits. Proceeds from the bond will be channelled to World Bank projects, with coupon payments used to fund the manufacture of water purification devices. The bond investors will receive a return linked to the issuance of carbon credits generated by Vietnam's water purifier projects. The project aims to make and distribute 300,000 water purifiers to schools and other institutions to cut carbon emissions,...
