Saudi Arabia’s PIF Earmarks Capital Expenditure of $19.4B for Green Projects
The sovereign fund will park significant investments in renewable energy, green buildings and sustainable water management projects.
World Bank Issues $225M Bond to Fund Amazon Reforestation
The 2033 bond provides investors with a coupon that includes a fixed guaranteed component and a variable component linked to the generation of carbon removal units from reforestation projects in the Amazon rainforest regions of Brazil.
Impact Bonds Slump In 2023 Globally, Expecting Rebound In 2024
Higher interest rates, a global economic slowdown, and rising costs are cited as the primary reasons for the drop