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 bond offers a coupon that includes a fixed guaranteed component and a variable linked to the carbon removal units from reforestation projects.
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