February 25, 2010
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Environment Management Newsletter February 25, 2010 |
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| This Week´s Featured News Stories |
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World Bank`s green bonds clear $1bn mark
The latest issue of green bonds by the World Bank has taken the total amount raised to over $1bn, the institution announced this week. The innovative bonds were first issued in late 2008, raising $350m and marking the first time the World Bank had offered bonds to raise funds for a specific purpose. The bonds were developed in partnership with Swedish bank Skandinaviska Enskilda Banken (SEB), which confirmed that the most recent issue of SEK500,000,000 ($69.2m) helped take the total sold past the $1bn mark. The bonds are used to raise money to support World Bank-funded projects ... |
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San Francisco smooths path for electric car chargers in every new home
San Francisco is accelerating its drive to establish the city as America`s electric car capital with the news that the city is to revise its building code to ensure all new homes and offices will be wired for electric car chargers. The change, which raises the prospect of charging points being installed at all new buildings, is the latest in a series of measures designed to bolster adoption of electric vehicles in the city. Speaking in his latest address on YouTube city mayor Gavin Newsom, who himself drives an electric car, confirmed that the authorities will launch a `sustainable financing ... |
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