je.st
news
Africa adds climate change bonds to global warming arsenal
2014-09-26 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Global warming in Africa may soon move bond markets. In 2016, the first climate change bonds will be issued from Africa - unique instruments that will enable the world's poorest continent to tap both capital markets and donor funds to bolster its defenses against extreme weather events such as prolonged drought or extreme heat. The plan, unveiled on the sidelines of the U.N. climate summit in New York this week, will see an initial issue of around $200 million for up to five years. If successful,...
Tags: change
global
africa
warming
Category:Electronics and Electrical