Explanation:

World Bank Green Bonds are an opportunity to invest in climate solutions through a high quality credit fixed income product.

Statement 1: This includes both mitigation of and adaptation to climate change—all while observing the World Bank's safeguard policies for environmental and social issues. The World Bank Green Bond raises funds from fixed income investors to support World Bank lending for eligible projects that seek to mitigate climate change or help affected people adapt to it. The product was designed in partnership with Skandinaviska Enskilda Banken (SEB) to respond to specific investor demand for a triple-A rated fixed income product that supports projects that address the climate challenge.Since 2008, the World Bank has now issued over USD 10.2 billion equivalent in Green Bonds through more than 135 transactions in 18 currencies.

Statement 2: Eligible projects supported by the Green Bond program are selected by World Bank environment specialists and meet defined World Bank eligibility criteria for low-carbon and climate resilient development.