Morocco's Banque Centrale Populaire (BCP) has launched a €100m ($107.2m) green bond to be used to refinance its investments in a number of renewable energy projects in Morocco.

The bond, underpinned by a "green impact report" from the UK's Green Investment Bank, is designed to support  power projects in the North African country that will have "a positive ecological impact [and] contribute to the objectives of environmental sustainability".

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