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In October 2017, Fiji became the first emerging market to issue a sovereign green bond, raising 100 million Fijian dollars, or US$50 million, to support
In October 2017, Fiji became the first emerging market to issue a sovereign green bond, raising 100 million Fijian dollars, or US$50 million, to support climate change mitigation and adaption. Explain the background, how it was issued, the regulation behind the issue of green bonds, and the importance of Green bonds to the Fijian economy.
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