The article explores one of the fastest trends in raising funds or mobilization-green bonds and sustainable projects-the trend traced why it raised so fast, different types of projects being funded, and challenges left behind in the evolving market.Another new trend also includes sustainability-linked bonds, that is, bonds where the use of funds is linked to specific environmental and social outcomes. Unlike a conventional green bond, which is project-specific, in form, the sustainability-linked bond form allows an expansive scale of ESG goals in the sense that it permits issuers to pursue their ESG goals, such as managing carbon emissions across entire operations.

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