Colombia Places Biodiversity Bond with IFC and BBVA Colombia

Colombia has taken a significant step towards biodiversity conservation by issuing its first biodiversity bond with IFC and BBVA Colombia. On July 12, 2024, Colombia places biodiversity bond issued by Banco Bilbao Vizcaya Argentaria Colombia S.A. (BBVA) Colombia and the International Finance Corporation (IFC) subscribing to Colombia\’s first biodiversity bond, raising $15 million for environmental projects with a proposed subscription of upto $35 million. The bond is expected to total $70 million over three years and will be used to finance projects that support biodiversity in Colombia.

California’s $10B Climate Bond

This blog provides an in-depth look at California’s $10 billion climate bond, emphasizing its significance and potential impact on the financial sector and sustainable development. It serves as a powerful example of how innovative financial instruments can be utilized to address pressing global challenges.

Finance for Peace

Finance for Peace is a groundbreaking initiative leveraging financial markets to promote global stability and economic development in conflict-affected areas. It focuses on intentional, inclusive, and sustainable investments, and offers innovative financial instruments like Peace Bonds and Peace Equity. Through case studies, it demonstrates the potential of peace-positive investments to yield social and financial returns.