Investing for Impact with the World Bank
Investing for Impact with the World Bank
Society of Actuaries in Ireland
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uploaded October 09, 2023
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Speakers:Daragh Burns,Naomi Cooney
Description:
The World Bank is one of the most effective engines for facilitating private capital to support sustainable development. The Bank provides a platform through which investors can participate in the financing of projects and programs that help countries build a sustainable future. With about $20 billion in shareholder’s capital the World Bank has borrowed over $1 trillion from capital markets to support low-cost lending for sustainable development to member countries.
Continued innovation and a drive to scale up successful initiatives are essential to bridge the gap between limited resources and massive development needs. During this event, recent World Bank innovations such as a $50 million Emission Reduction Linked Bond, a $150 million Wildlife Conservation Bond and a $630 million transaction covering earthquake risk will be presented.
Tags:sustainabilityinvestmentbankingcapitalworld bank
Categories:BANKING / FINANCE