With reference to ‘Green Bonds and Blue Bonds’, sometimes seen in the news, which of the statements given below is/are correct?

1. A Green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.

2. Blue bonds are sustainability bonds to finance projects that protect the ocean and related ecosystems.

Select the correct answer using the code given below.

1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2

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