Q. With reference to ‘Green Bonds’, consider the following statements:
1.They are used to fund environmental-friendly projects a lower interest rate than regular bonds.
2.The aim of the bond is to encourage companies to invest in green projects.
3.The International Monetary Fund (IMF) was the first institution to issue green bonds.
Which of the statements given above are correct?

[A] 1 and 3 only

[B] 2 and 3 only

[C] 1 and 2 only

[D] 1, 2 and 3

Answer: C
Notes:

Green Bonds are used to fund environmental-friendly projects a lower interest rate than regular bonds. The aim of the bond is to encourage companies to invest in green projects. World Bank was the first institution to issue green bonds.

Source: Live Mint