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Green debt issuance booming, but are the bonds really green?

Investors want safeguards against bogus proposals; top US companies among sellers

There have been attempts to market certain bond sales as "green" despite questions about their environmental friendliness and apprehensions that the green bond label is being misused.

New York

ISSUANCE of green bonds for companies working on battling climate change are booming, but investors say the label needs safeguards against bogus proposals that could sour retail buyers and wealth advisers just starting to tune in to the securities.

Right now, any debt...

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