A sovereign green bond presents countries with an opportunity to demonstrate national leadership in the green financing agenda while giving exposure to a new investor base and solidifying a country's commitment to complying with the Paris Climate Change Agreement. While green bonds allow...

Robert S. McNamara, President of the World Bank Group, emphasizes that the Bank is a development investment institution, not a philanthropic or social welfare organization. He says the Bank's lending policy is founded on two basic principles: sound projects and creditworthy borrowers. Loans are...