Bonds

A World Bank reforestation bond aimed at protecting the Amazon is the largest outcome bond the bank has ever priced.

The equity and bond strategies will target both social and environmental impact across nine impact themes and are being made available to both retail and institutional investors.

British International Investment, the UK’s development finance institution, is funding a second green bond arranged by Symbiotics, lending to MSME banks supporting India’s green energy goals.

responsAbility has issued its second financial inclusion bond in partnership with the International Development Finance Corporation aimed at improving access to financial services for individuals and MSMEs in developing markets.

The $850m public bond offering has secured backing from BII, IFC and Emerging Africa Infrastructure Fund as anchor investors, helping mobilise over $700m of private capital.

The NMB Jamii Bond, Tanzanian NMB Bank’s inaugural sustainability bond, has cross-listed on the London Stock Exchange to drive institutional capital into the country’s climate finance and development projects.

The kingdom plans to attract foreign funding for its sustainable development goals through the issue of green bonds.

Plus, 2X Ignite opens second acceleration programme aimed at African women-led gender smart fund managers | S&P Dow Jones Indices launches biodiversity-focused benchmarks

The organisation seeks to provide $1bn of guarantees to mobilise climate change-related investment for borrowers in developing countries, backed by capital from various state-level investors.

A $70m guarantee supports a sustainability bond and a loan for CamGSM, which will use the proceeds to provide improved telecoms services for a million Cambodians.