Industry News: ESG

T. Rowe Price Sees Blue Bond Market Poised for Growth

Written by ESG | 29-Jul-2024 12:42:10 PM

2024-07-23

BNN Bloomberg: T. Rowe Price Group Inc. is targeting a corner of the sustainable debt market that it sees growing fast over the next decade: blue bonds. Blue bonds are debt instruments issued by companies or financial institutions to fund projects that help protect or revive the world’s oceans and waterways in the face of climate change, overfishing and pollution.

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