ADB Issues Green Bond to Raise Awareness of Glacier Melt
Philippines, March 4 -- The Asian Development Bank (ADB) has issued a green bond to raise awareness of glacier melt, engaging with investors on ADB's projects and programs that will help communities in Asia become more resilient against the impacts of melting glaciers. The $100 million 5-year issue was arranged by BNP Paribas and Morgan Stanley, proceeds of which will be used in accordance with ADB's Green and Blue Bond Framework. The notes will be listed on the Luxembourg Green Exchange (LGX). Glacier- and snow-fed river basins support water security for around 2 billion people in Asia. Rising temperatures are accelerating glacier retreat and altering snowfall patterns, intensifying both near-term flood risks and long-term water stress, pa...
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.