IFC, ICMA, UNGC, UNEP FI, and ADB Announce Coalition to Support the Blue Economy

On the sidelines of the UN Ocean Conference in Lisbon, IFC, a member of the World Bank Group, together with four of the top international organizations have announced their commitment to develop guidelines that would provide the global market consistency and transparency in financing the blue economy. IFC, the International Capital Markets Association (ICMA), United Nations Global Compact, United Nations Environment Program Finance Initiative (UNEP FI), and the Asian Development Bank (ADB) are partnering to develop a global practitioner’s guide for bonds to finance the sustainable blue economy. It will aim…

Read More

UNICEF and ADB join forces for children and young people

UNICEF and the Asian Development Bank (ADB) renewed their commitment to fighting poverty and promoting the health and wellbeing of children and young people in Asia and the Pacific, in a memorandum of understanding signed in Bali, Indonesia today. Under the 5-year agreement, signed by UNICEF Executive Director Ms. Henrietta Fore and ADB President Mr. Takehiko Nakao, the two organizations pledge to work together to increase access for disadvantaged children, young people, and women to quality services in health, nutrition, water, sanitation and hygiene, early childhood development, education, child protection,…

Read More