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<p>rate of these bonds.</p>

<p>From a legal point of view, green bonds are not really different from traditional bonds. The promises made to investors are not always included in the contract, and not often in a binding way. Issuers of green bonds usually follow standards and principles set by private-led organisations such as the <a href="page.php?w=International_Capital_Market_Association">International Capital Market Association</a> (ICMA)'s Green Bond Principles or the label of the Climate bond initiative. The <a href="page.php?w=Paris_Agreement">Paris agreement on climate change</a></p><p>
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