What is the purpose of Green Bonds?

Green Bonds are specifically designed to finance projects that have positive environmental impacts. The purpose of these bonds is to raise funds for initiatives aimed at mitigating climate change and supporting sustainable development. Option B aligns with this purpose by mentioning the financing of brownfield sites, which are previously developed lands that require cleanup and redevelopment. By investing in the rehabilitation of these sites, Green Bonds ultimately contribute to environmental restoration and enhance land use for sustainable purposes.

In contrast, the other options do not accurately reflect the primary objective of Green Bonds. Supporting individual financial investments and investing in corporate stock focus on personal or corporate financial gain rather than environmental benefits. Funding nuclear power plants may provide energy solutions, but it doesn’t necessarily fall under the category of projects typically funded through Green Bonds, which prioritize renewable, sustainable, and environmentally friendly initiatives rather than traditional energy sources.