Salmon farmers increasingly look to tap USD 1 trillion green bond market
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Chilean salmon farmer Ventisqueros’ announcement at the end of 2020 that it had landed a USD 120 million (EUR 98.7 million) green loan with banks Rabobank and DNB is the latest in a trend, as fish farmers have begun accessing financing with an environmental focus tied to it – in a global green bond market that may reach USD 1 trillion (EUR 822 billion) by year’s end.
Green bonds are considered “theme bonds,” meaning they have a designated goal for the investment. In this case, they aim to mitigate climate change or promote sustainable development, and may include financing for projects that look to increase energy efficiency and sustainable agriculture; improve fishery and forestry, clean transportation, clean water, and sustainable water management; prevent pollution or protect aquatic and terrestrial ecosystems; or finance the cultivation of environmentally friendly technologies.
When Kentucky lawmakers returned to Frankfort this month, they immediately moved to reduce Democratic Gov. Andy Beshear’s power to respond to disasters and infectious disease outbreaks.
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Lawmakers Move to Strip Governors’ Emergency Powers
Kentucky Gov. Andy Beshear, a Democrat, puts on a face mask after speaking to reporters. The state legislature has passed several bills that would limit Beshear’s emergency powers.
Ryan C. Hermens
Lexington Herald-Leader via The Associated Press
This article has been updated to include a response from Gov. Jay Inslee s press secretary.
When Kentucky lawmakers returned to Frankfort this month, they immediately moved to reduce Democratic Gov. Andy Beshear’s power to respond to disasters and infectious disease outbreaks.
The Republicans who control the state’s legislature want emergency orders to end after 30 days, unless the General Assembly votes to extend them, and to limit the governor’s ability to close businesses and schools this year. They argue Beshear has been trampling on individual rights in his efforts to slow the spread of the coronavirus.