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    Home > Chemicals Industry > International Chemical > IFC and HSBC establish the world's first real economy green bond fund

    IFC and HSBC establish the world's first real economy green bond fund

    • Last Update: 2023-01-02
    • Source: Internet
    • Author: User
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    The International Finance Corporation (IFC) and HSBC Global Asset Management have established the world's first green bond fund, focusing on real economy issuers in emerging markets
    .

    IFC, a member of the World Bank Group, said in a statement that the so-called Real Economy Green Investment (REGIO) Fund will generate at least $500 million to $700 million in sectoral capital
    in multilateral and private funds to support climate-smart investments in developing countries.

    IFC itself will make a major investment of $100 million, while HSBC will contribute $
    75 million.
    REGIOs with an overall lifespan of up to 15 years will increase access to climate finance for non-financial borrowers, providing untapped opportunities
    for the global green bond market.

    The announcement also mentions that REGIO's investment activities will be complemented
    by the Technical Assistance Fund (TAF) managed by the International Finance Corporation.

    The International Finance Corporation (IFC) and HSBC Global Asset Management have established the world's first green bond fund, focusing on real economy issuers in emerging markets
    .

    Green bonds

    IFC, a member of the World Bank Group, said in a statement that the so-called Real Economy Green Investment (REGIO) Fund will generate at least $500 million to $700 million in sectoral capital
    in multilateral and private funds to support climate-smart investments in developing countries.

    IFC itself will make a major investment of $100 million, while HSBC will contribute $
    75 million.
    REGIOs with an overall lifespan of up to 15 years will increase access to climate finance for non-financial borrowers, providing untapped opportunities
    for the global green bond market.

    The announcement also mentions that REGIO's investment activities will be complemented
    by the Technical Assistance Fund (TAF) managed by the International Finance Corporation.

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