Nairobi Securities Exchange (NSE) said Wednesday it will promote green bond listings in order to boost market liquidity. Geoffrey Odundo, CEO, NSE told journalists in Nairobi that so far one green bond has been listed to finance the construction of environmentally friendly student housing. Odundo noted that climate-friendly bonds will raise the profile of the NSE and enhance the level of trading activity at the capital markets. He revealed that Kenya is an ideal location for green finance because it has a huge untapped potential in renewable energy and green transport. "So if they get a green opportunity that has a fairly reasonable return and high impact they will invest in Kenya," Odundo said.

Source: Standard Digital March 03, 2021 13:52 UTC