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AIIB Issues First Climate Adaptation Bond Targeting Resilient Infrastructure - Vimarsana News

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 climate-resilient and adaptive infrastructure investments. In 2015, the Paris Agreement established the g...

AIIB Issues First Climate Adaptation Bond Targeting Resilient Infrastructure - Vimarsana News

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 climate-resilient and adaptive infrastructure investments. In 2015, the Paris Agreement established the g...

Indonesia asks G20 to help developing nations hit by energy crisis - Vimarsana News

Indonesia asks G20 to help developing nations hit by energy crisis

At the Energy Transition Ministerial Meeting (ETMM) on Friday, Indonesia called on G20 nations to help developing countries affected by the energy crisis in ...

Tamils Demand Political Solution and a Guarantee of Justice for Crimes of Genocide - Vimarsana News

Tamils Demand Political Solution and a Guarantee of Justice for Crimes of Genocide

Tamils demand political solution and a guarantee of justice for crimes of genocide before the Tamil Diaspora provides their Expertise and Financial Resources

SEC issues draft rules for SRI Fund - Vimarsana News

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…