China’s NDB Issues $1.7 Billion in Green Bonds and to Cut 697,200 Tonnes of CO2 Annually
China’s National Development Bank (NDB) issued $1.7 billion in green bonds to fund key sustainability projects. The issuance saw strong demand with a 3.08 subscription multiple, highlighting investor confidence. Projects funded by these bonds are set to cut carbon emissions by 697,200 tonnes annually. China’s National Development Bank (NDB) has taken another significant step in