"Together, the two BIS green bond funds will manage some $2 billion in green bonds for central banks with the expectation that the funds will continue to grow considerably. ... The funds promote green finance through sizeable investments in environmentally friendly projects such as renewable energy production and energy efficiency, and support the adoption of best market practices and reporting standards to deepen the green bond market. ... The BIS is committed to supporting environmentally responsible finance and investment practices, in line with its participation in the Central Banks and Supervisors Network for Greening the Financial System. ...
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