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EIB to Launch New Sustainability Bond


The European Investment Bank (EIB) has announced plans for a new debt product: a Sustainability Awareness Bond. The bond is expected to support social, green and sustainable projects. “With our new Sustainability Awareness Bond we hope also to launch a new dialogue on sustainable investment," says EIB President Werner Hoyer in a statement. The new Sustainability Awareness Bond, currently being prepared by the Finance and Projects Directorates of the EIB, will initially focus on activities in the water sector, and then encompass activities in other areas with positive social impacts, such as health and education.