IFC and HSBC Establish Green Bond Fund Focused on Providing Access to Climate Finance
The IFC and HSBC will invest $100 million and $75 million respectively
June 5, 2019
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The International Finance Corporation (IFC), the financial arm of the World Bank, along with HSBC Global Asset Management, has announced their first global green bond fund aimed at “real economy” issuers in developing markets, which in turn would help in improving accessibility to climate finance and enhancing green bond markets.