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China Set to Capture Billions in ‘Green’ Money

China has unveiled an ambitious plan that aims to raise $230 billion through green bonds for environmental projects over the next five years. If successful, with an average of $46 billion a year, it would raise as much as the rest of the world combined. The move will have major implications for the world environment industry as green bonds are meant for new and existing green infrastructure projects. Some experts and European businesses are worried about the new Chinese attempt at...

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