A report backed by the world's biggest economies called for better integration of green finance into markets globally to help pay for a range of environmental initiatives, from pollution control to mitigating climate change impacts. Leaders of the Group of 20 countries announced Sept. 5 that they approved a Green Finance Synthesis Report that calls on countries to give clear strategic policy signals to investors. It also recommends voluntary principles be established to guide sustainable banking, and that nations support the development of local green bond markets.
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