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Green Bonds Flourish As Market Struggles To Define Standards

Law360, New York (April 20, 2015, 4:23 PM EDT) -- After a record year for the green bonds market in 2014, the lack of formal international regulations and standards is creating challenges for lawyers guiding the growing number of corporations looking to tap demand for these environmentally friendly investments.

Green bonds, or bonds where the issuer promises to use the proceeds to address environmental concerns such as climate change, have skyrocketed in popularity in recent years, with the total amount of green bonds outstanding having hit $53.2 billion, according to the Climate Bonds Initiative, an investor-focused...
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