Bonds

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

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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.

The Finnish development financier and catalytic impact investor is aiming to fund 50% of its investments with private capital by 2030.

The Dutch pension fund for the retail sector had already applied similar benchmarks to other parts of its portfolio. The tracked SDGs are in line with scheme members’ preferences and linked to the retail and supply chain sectors.

A World Bank sustainable development bond aimed at ending extreme poverty raised $5bn from a record 175 investors, including banks, central banks, insurers, pension funds and asset managers across the globe.

The Emerging Africa Infrastructure Fund’s bond is West Africa’s first social asset-backed security, targeting 100% electrification in Cote D’Ivoire.

The impact and microfinance investment firm is collaborating with Bitfinex Securities to issue tokens that will be linked to capital raising for microfinance.

The asset manager has created a high yield fund that qualifies for the EU’s Article 9 label, with the aim to provide a more sustainable investment option for pension funds and insurance companies.