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Saudi Arabia prepares to offer its first green bond

(Source Arab News) – The Saudi government and the kingdom’s sovereign wealth fund are preparing to launch green bonds in the coming months, according to Bloomberg

In fact, Saudi Arabia is trying to recast itself in a more environmentally friendly world and attentive to climate change.

The agreements aim to raise billions of dollars each to help the Public Investment Fund (PIF) finance projects that will be powered entirely by renewable energy.

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