Credit Suisse and World Bank issue low-carbon blue bond

22 November 2019 | 2 minutes read

In a bid to raise ESG awareness among investors, Credit Suisse and the World Bank have issued a US$28.6 million five-year sustainable development bond for the responsible use of oceans and coastal areas. The World Bank bond acts as the collateral for Credit Suisse’s Low Carbon Blue Economy Note, which was placed with the latter’s private banking clients. According to the…

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