Alert: Green Bonds Postponed
- Nairametrics| Nigeria’s environmental minister has revealed that the ministry’s planned green bond has been postponed till after year country passes the 2017 budget.
- The Ministry of environment announced plans to issue a N20 billion green bond in April 2016, but has now pushed it back in view of the delay in passing the 2017 budget.
- According to the Ministry, proceeds of the green bonds will be used to invest in funding projects the will help address climate change and reduce carbon emissions.
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- You can learn more about Nigeria’s Green Bonds here