ADB Backs Climate Bond By Philippine RE Developer

By Saurabh Mahapatra In a major boost to the green bonds market in emerging countries, the Asian Development Bank lent support to a project-specific green bond in the Philippines. The Asian Development Bank has backed a Climate Bond worth US$225 million issued by Philippines-based developer AP Renewables, a subsidiary of AboitizPower Corporation. Proceeds from the bond will be [&hellip
ADB Backs Climate Bond By Philippine RE Developer was originally published on CleanTechnica.
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