Egypt’s Maait says "no advantage" to green bond issue

DOHA - Egypt's finance minister Mohamed Maait said on Tuesday that his country's green bond issuance had actually cost it more than a traditional Eurobond would have.

He said countries would need incentives to make issuing green debt more appealing going forward.

There was "no advantage" to the green bond issue, which required more work to prepare for, Maait said, speaking on a panel at the Qatar Economic Forum organised by Bloomberg.