General News: Retail and telecoms: the new industries driving a record boom in green bonds

Tough climate and energy targets have driven a record boom in sustainable bonds over the first half of this year as new industries tap the market for funds.

The latest firm to seek finance for climate-friendly projects is the Dutch grocer behind America’s Food Lion, Giant Food, Hannaford, and Stop & Shop supermarket chains.

MarketWatch has learned Ahold Delhaize (TICKER:AD.AE), which owns 2,000 stores across 23 states, will be the first food retailer to issue a sustainability bond in euros

It will seek to issue up to E750m of new paper to fund projects to reduce carbon emissions and food waste—marketing starts Wednesday in London.

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