Cemex drafts green financing framework

Cemex drafts green financing framework

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Mexican cement company Cemex said Monday that it plans to issue "green financing instruments" after listing targets to reduce carbon dioxide emissions and increase the use of clean energy. The company did not say how much it planned to raise in each issue, but it said it will use the proceeds "to finance eligible green projects in areas such as carbon dioxide emissions reduction, clean electricity and energy efficiency, clean transportation, water management, air quality, circular economy and wa

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