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 […]
Tag: World Bank
Indonesia Coral Bond: Innovating Marine Conservation Financing
Indonesia Coral Bond is a groundbreaking financing instrument launched by the World Bank in February 2024 aimed at improving the management and biodiversity of Indonesia\’s coral reefs.
Understanding Catastrophe Bonds: Jamaica’s $150M Initiative
Imagine a hurricane tearing through the Caribbean. Homes destroyed, roads flooded, lives disrupted. Small island nations like Jamaica bear the brunt of such disasters. But […]
MDB Collaborative Co-Financing Platform
A groundbreaking initiative, the Global Collaborative Co-Financing Platform (GCCFP), has recently been launched by a coalition of ten multilateral development banks (MDBs). This platform marks […]
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.
World Bank Plastic Waste Reduction Outcome Bond
Plastic pollution is one of the most pressing environmental challenges of our time, with over 8 million tons of plastic entering the oceans each year. […]