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Heads of Multilateral Development Banks explore closing nature and water financing gap

Heads of multilateral development banks attending the 2023 global climate change conference, COP28, on Tuesday committed to scale resource mobilisation to close the nature and water sector financing gap. At a high-level panel moderated by Lord Zac Goldsmith, former UK Minister for Climate and Environment, the banks shared views on what can be done differently
United States United Kingdom Masatsugu Asakawa Johan Rockstrom Beth Dunford Ilan Goldfajn

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AIIB Issues First Climate Adaptation Bond Targeting Resilient Infrastructure

BEIJING, May 11, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has successfully priced its first Climate Adaptation Bond, a thematic bond issued under the AIIB Sustainable Development Bond Framework. The 5-year bond raised AUD500 million, and the proceeds will be allocated to projects that have an estimated climate adaptation finance portion of 20 percent or greater of the total project financing. The purpose of the Climate Adaptation Bond is to raise awareness about clima...
France General New South Wales City Of United Kingdom Moody Sp Fitch Domenico Nardelli

AIIB Issues First Climate Adaptation Bond Targeting Resilient Infrastructure

BEIJING, May 11, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has successfully priced its first Climate Adaptation Bond, a thematic bond issued under the AIIB Sustainable Development Bond Framework. The 5-year bond raised AUD500 million, and the proceeds will be allocated to projects that have an estimated climate adaptation finance portion of 20 percent or greater of the total project financing. The purpose of the Climate Adaptation Bond is to raise awareness about clima...
France General City Of United Kingdom New South Wales Domenico Nardelli Danny Alexander

SEC issues draft rules for SRI Fund

The Securities and Exchange Commission (SEC) is seeking public comments on its draft rules for companies that will create a Sustainable and Responsible Investment (SRI) Fund. In a draft memorandum circular (MC), which is open for public comment until February 2, the SEC said the rules aim to prevent investors…
Exchange Commission United Nations Responsible Investment Common Principles Climate Mitigation Finance Tracking Green Bond Principles

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