Climate Ques 4

Question: Which country issued its first Green Bonds with a record sale of USD 7.5 billion in January, 2017?

Options:

A) Britain

B) France

C) Germany

D) Mauritius

Show Answer

Answer:

Correct Answer: B

Solution:

  • France on January 24, 2017 issued its first “Green Bonds” with a record sale of worth seven billion euro thus leading a significant way towards establishment of a genuine market in renewable energy bonds. The proceeds from the bonds will be used by France to finance Projects to address climate change.