If you're looking for a safe way to invest in the world's burgeoning "green" debt market, National Bank of Canada has just the thing: green bonds.
The bank is offering investors a chance to take advantage of a growing market in which issuers aim to make a positive environmental impact with their debt, Bloomberg reports.
"The ever-increasing value of green bonds issued worldwide each year bears witness to investors' appetite for this type of debt and the market's willingness to finance credible environmental projects," the bank says in a press release.
Green bonds are more mature than other "social and sustainability" debt markets, National Bank says, and "since sustainability bonds enable the simultaneous financing of environmental and social projects, they are an attractive option for issuers wishing to manage a single impact bond program and finance all their projects under a single label."
A customized collection of grant news from foundations and the federal government from around the Web.
Melbourne social enterprise Who Gives A Crap sold nearly 3 million rolls of toilet paper in 2014/15 and gave half the proceeds to WaterAid Australia, but co-founder Simon Griffiths says the donation would have been less had the startup adopted a non-profit model when it launched two years ago.