Fiji to sell world’s first climate-change ‘green’ bonds

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Fiji to sell world’s first climate-change ‘green’ bonds

SYDNEY (Reuters) – Fiji will issue a $50 million “green” bond in coming weeks to help combat the effects of global climate change, the first developing country to do so, its prime minister said on Wednesday. The Pacific Island nation is seen as particularly vulnerable to climate change, with some of its 300 low-lying islands susceptible to rising seas.

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