Development finance institution, the Development Bank of Southern Africa (DBSA) has announced the launch of its first green bond of €200-million, which was issued through a private placement with the French development finance institution, the Agence Française de Développement. The bond will be structured in alignment with the DBSA's recently released Green Bond Framework which reiterates the institution's commitment to playing a role in the just transition to a low-carbon economy. The framework is aligned with the International Capital Market Association Green Bond Principles.
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