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Barclays: launches green structured notes program

( - Barclays today announced the launch of its inaugural green structured notes program.

"The programme offers institutional and retail investors a differentiated green investment opportunity, with the structured note payoff based on a green index," the banking group said.

"In addition, the proceeds of the notes are allocated to the financing or re-financing of eligible green activities such as renewable energy, energy efficiency and sustainable transportation loans and contribute to Barclays Net Zero Ambition and providing £100bn of green financing by 2030," it added.

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