European Commission, financial institutions launch Global Green Bond Initiative Fund

The European Investment Bank (EIB) and the United Nations Green Climate Fund (GCF) have signed a climate finance agreement, which will see some €200 million committed to the Global Green Bond Initiative (GGBI) Fund, a new flagship EU financing programme.

The European Commission has teamed up with development finance institutions to launch the Global Green Bond Initiative (GGBI) Fund, a public-private investment tool that will mobilise up to €20 billion worth of private capital for sustainable infrast...

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