In a landmark move that underscores the evolving landscape of climate finance, the Climate Investment Funds (CIF) Capital Markets Mechanism (CCMM) has successfully issued its […]
Category: United States
Innovative Financing Mechanisms to Prevent Forest Fires: Forest Resilience Bonds and More
Photo Credit: Photo by Noah Berger, AP Photo Forest fires are a devastating global challenge, threatening biodiversity, contributing to climate change, and incurring significant economic […]
Brazil and World Bank New $225M Outcome Bond for Amazon Reforestation
On August 23, 2024, the World Bank announced and priced a significant milestone in sustainable finance with the issuance of a 9-year, $225 million fully […]
Indonesia’s Groundbreaking Debt-for-Nature Swap for Coral Reefs
In a landmark move on 3 July 2024, to protect one of the world’s most vital ecosystems, the Indonesian government has entered into a groundbreaking Indonesia debt-for-nature swap (DNS) to fund coral reef restoration and marine conservation.
Morgan Stanley Sustainable Finance Summit 2024: Financing AI and Energy
The 2024 Morgan Stanley Sustainable Finance Summit was held on May 21–22 in New York City discussed perspectives on how Green Bonds and Outcome Bonds can help ensure the clean energy transition in our future AI economy.
XPRIZE Rainforest: Catalyzing Innovation for Conservation
The XPRIZE Rainforest is a $10 million competition aimed at developing advanced technologies to rapidly and comprehensively map and monitor the biodiversity of the world\’s rainforests.
World Bank ‘Better Bank, Bigger Ambitions’ Spring Meetings 2024
In the World Bank Group’s Spring Meetings press conference was held on April 12, 2024, Ajay Banga, President announced the Bank’s plan to evolve and […]
World Bank Issues 2020 SDG $550 million Food Bond
Over 30 investors including Folksam Group, Handelsbanken Treasury, Kommunalbanken (KBN), Nordea Asset Management, Sbanken ASA, Storebrand Bank ASA and Union Investment Privatfonds GmbH participated in the bonds.
Breakthrough Energy Ventures Raises $839 Million for Fund III
Breakthrough Energy Ventures (BEV), a venture capital firm founded by Bill Gates, has announced the successful closing of $839 million for its third fund, Fund […]
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.