In the world of finance, there exists a unique type of bond known as a green bond. While similar to traditional bonds in structure, a green bond stands out due to its specific purpose. Unlike regular bonds, the funds raised from a green bond are exclusively designated for financing environmentally-friendly projects. Therefore, investors who choose to support a green bond are not only seeking financial returns, but also the opportunity to contribute towards sustainable initiatives. This makes green bonds a powerful tool for promoting responsible investing and addressing global environmental concerns.
