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Similar to green bonds, but use of proceeds for social, sustainability, or transition (net-zero) projects Sustainability bonds: proceeds used for a combination of green and social projects (e.g., SDG or general ESG related) Social bonds: proceeds used for social projects only (e.g., pandemic COVID-19 related, housing, gender equality, education, housing) Transition bonds: proceeds used to finance climate transition activities at the issuer or project level
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