Thirteen banks have pledged support for new guidelines on green bond issuance. The so-called “Green Bond Principles” include guidelines for the use of proceeds of green bonds, process for project evaluation and selection, management of proceeds and reporting.

Bank of America , Citigroup, Crédit Agricole, JPMorgan Chase, -- the four banks that drafted the new guidelines – are joined by BNP Paribas, Daiwa, Deutsche Bank, Goldman Sachs, HSBC, Mizuho, Morgan Stanley, Rabobank and SEB.

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