CIBC issues inaugural Green Bond Framework

CIBC Green Bond Framework

Yahoo Finance:

TORONTO , March 6, 2020 /CNW/ - CIBC (CM) (CM) today announced its inaugural Green Bond Framework to help mobilize capital and develop market-based solutions to support investments that shape a more sustainable economy.

The bonds offered under this new framework will help finance new and sustainable projects, assets, and businesses that facilitate the transition to a low carbon economy, including: climate change mitigation, climate change adaptation, natural resource conservation, biodiversity conservation, and pollution prevention and control.