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,...
Source: fnarena.com
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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 climate-resilient and adaptive infrastructure investments. In 2015, the Paris Agreement established the g...
Source: singaporestar.com
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...
Source: philippinetimes.com