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Asia Primed for Rare 'Blue' Bond Sales to Fund Ocean Protection

Mar 04 2021, 1:09 PM
March 04 2021, 2:35 AM
March 04 2021, 1:09 PM
(Bloomberg) Few places in the world have greater need for a new type of sustainable debt to fund water projects and protect the oceans than Asia, with its more than 100,000 kilometers of coastline.
(Bloomberg) Few places in the world have greater need for a new type of sustainable debt to fund water projects and protect the oceans than Asia, with its more than 100,000 kilometers of coastline.
While so-called âblue bondsâ are relatively rare, thatâs about to change as more Asia-Pacific nations set their sights on improving the sustainability of water resources and marine life, according to BNP Paribas Asset Management. ....

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ADB, EIB Join Forces to Protect Oceans, Support the Blue Economy

ADB, EIB Join Forces to Protect Oceans, Support the Blue Economy
News Release | 15 January 2021
MANILA, PHILIPPINES (15 January 2021) The Asian Development Bank (ADB) and the European Investment Bank (EIB) today formed a new Clean and Sustainable Ocean Partnership to support initiatives in Asia and the Pacific to help meet the Sustainable Development Goals (SDGs) and the climate goals of the Paris Agreement.
The partnership will strengthen the capacity of ADB and EIB to support high-impact projects. Both institutions will finance activities aimed at promoting cleaner oceans through the reduction of land-based plastics and other pollutants discharged into the ocean, as well as projects to improve the sustainability of socioeconomic activities that take place in oceans or use ocean-based resources. ....

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ADB - Asian Development Bank (via Public) / ADB, EIB Join Forces to Protect Oceans, Support the Blue Economy

ADB, EIB Join Forces to Protect Oceans, Support the Blue Economy
ADB, EIB Join Forces to Protect Oceans, Support the Blue Economy
News Release | 15 January 2021
MANILA, PHILIPPINES (15 January 2021) - The Asian Development Bank (ADB) and the European Investment Bank (EIB) today formed a new Clean and Sustainable Ocean Partnership to support initiatives in Asia and the Pacific to help meet the Sustainable Development Goals (SDGs) and the climate goals of the Paris Agreement.
The partnership will strengthen the capacity of ADB and EIB to support high-impact projects. Both institutions will finance activities aimed at promoting cleaner oceans through the reduction of land-based plastics and other pollutants discharged into the ocean, as well as projects to improve the sustainability of socioeconomic activities that take place in oceans or use ocean-based resources. ....

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