Green bonds are used to finance projects that are environmentally friendly. Photo: AFP Green bonds are used to finance projects that are environmentally friendly. Photo: AFP
Green bonds are used to finance projects that are environmentally friendly. Photo: AFP

Green bonds gain popularity, a defensive bet as coronavirus pandemic weighs on markets, investment managers say

  • Green bonds held up better than investment-grade corporate debt in coronavirus sell-off, UBS says
  • Green bond issuance is expected to reach US$350 billion this year, a 36 per cent increase over 2019, according to the Climate Bonds Initiative

Topic |   Investing
Green bonds are used to finance projects that are environmentally friendly. Photo: AFP Green bonds are used to finance projects that are environmentally friendly. Photo: AFP
Green bonds are used to finance projects that are environmentally friendly. Photo: AFP
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