Article: World Bank and SEB partner with Scandinavian Institutional Investors to Finance "Green" Projects.

M2 PRESSWIRE-7 November 2008-The World Bank Group: World Bank and SEB partner with Scandinavian Institutional Investors to Finance "Green" Projects(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:06112008

Stockholm -- The World Bank today announced a partnership with SEB and several key Scandinavian institutional investors to introduce a "World Bank green bond" to raise funds for projects seeking to mitigate climate change or help affected people adapt to it.

The bond issue is one example of the kind of innovation the World Bank is trying to encourage within its "Strategic Framework for Development and Climate Change," launched earlier this year to help ...

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