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Europe Positions Itself as Green Financing Leader

The European Union has moved boldly to assert its leadership in funding the fight against climate change in the face of a skeptical new U.S. administration, even as experts warned some of the efforts should be viewed with caution. The big news came from France, host of last year’s Paris climate change conference, which, Tuesday, marked a record $7.5 billion sale of its first sovereign green bonds. Credit Agricole-CIB, one of the banks involved in the effort, described it as...

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