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National Australia Bank launches first Australian climate bond

2014-12-06 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Australian Broadcasting Corporation: Australian renewable energy investment has received a $150 million boost with the release of the first local "climate bond" to finance local projects. National Australia Bank says proceeds from bond issue have been ring fenced to finance both wind and solar projects in Victoria, South Australia, Tasmania, Western Australia, New South Wales and the ACT. The bulk of the 17 projects are already operational, while three are still under construction. The NAB says the climate - or green - bond...

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