According to a World Bank recent analysis green bonds are mobilizing billions of dollars a year for development projects that countries and cities need, carried out in ways that are good for the climate and environment. 2014 was a record year for the young green bond market, with over $35 billion in new issuances, more than triple the year before. Several trends are emerging for 2015, including new types of issuers, green bond indices and changing investor expectations.

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