Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Aid Beyond Trade-offs Impact en las Americas New Revivalists Women Rising in India Operation Impact
Smarter Money Women Rising 2030 Finance Locavesting Inclusive Economy Regeneration Impact Tech New Power Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Industry News Impact Management Good Business Personal Finance Faith and investing Billionaires
Gender Lens Investing Women Rising in India
SDGs Climate Finance Clean Energy Innovative Finance Full Stack Capital Long-termism
Opportunity Zones Investing in place
Entrepreneurship Return on Inclusion Good Jobs Inclusive Fintech Creative economy Housing New Schooled Well Being People on the Move
Conservation Finance Farmer Finance Financing Fish
Blockchain/AI/IoT Urban Tech Food Tech Inclusive Fintech
Human Rights Democracy and Peace News and Information
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States Growth Markets
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

ERBD raises $700 million to finance climate resilience projects



ImpactAlpha, September 24 – The European Bank for Reconstruction and Development provides investment capital and advisory support on development initiatives across the Middle East, Southern and Eastern Europe and Central Asia. Accelerating climate change adaptation and mitigation is a core focus for the bank, which already has €30 billion in green investments under its belt.

A new $700 million bond issuance will ramp up ERBD’s investments in “climate resilience” projects that help countries upgrade their energy infrastructure, bolster food and agriculture systems, and initiate water conservation strategies. Forty investors in 15 countries backed the four-year bonds.

“This is a major step forward in the development of capital market instruments that can crowd in private finance at scale for climate resilience,” ERBD’s Craig Davies said in a statement.

BNP Paribas, Goldman Sachs, and Sweden’s Skandinaviska Enskilda Banken helped ERBD raise the funds.

You might also like...