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Feature from Environmental Building News
November 1, 2007
Investing in the Environment:
The Financial Industry's Approach to Green Building
An Executive Summary is available for this article.
In May 2007 Citigroup committed $50 billion over ten years in investments and financing to fight climate change. That announcement came on the heels of a similar $20 billion promise from Bank of America, as well as environmental initiatives from nearly every other major financial institution. At the same time, the real estate community is warming up to green buildings as never before. What do these trends mean when it comes to financing a green project?...
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