environment medium Fill in the Blank

The 'Climate Bonds Initiative' provides standards and certification for bonds that finance projects contributing to a low-_____ economy.

  1. Tax
  2. Carbon
  3. Interest
  4. Risk

Answer: Carbon

Climate Bonds Standard ensures that certified bonds fund assets and projects aligned with the Paris Agreement goal of limiting global warming to well below 2°C.

Topic Environmental Finance and Investment
Exam Relevance UPSC, SSC
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