Green investment bond offers 9% return – but there is a risk

While the climate-themed product seems attractive, it is not for the faint-hearted

Green-minded individuals with an appetite for risk are being targeted by a new investment paying an eye-catching 9% interest a year.

This five-year green bond, launched this week by the crowdfunding platform Abundance Investment, seeks to raise 4m for a private company called Iduna to finance the installation of 50 new electric vehicle charging points in Greater Manchester, provided in partnership with Transport for Greater Manchester.