World Bank Launches Initiative to Raise US$3 Billion in Sustainable Development Bonds, Highlighting Critical Role of Water and Ocean Resources

The World Bank is launching a Sustainable Development Bond series to raise awareness of the critical role of water and ocean resources. The bonds aim to raise at least US$3 billion and will provide investors with an opportunity to highlight their support for the Sustainable Development Goals (SDGs) that address water, sanitation and marine protection. The bond series, which supports the World Bank’s strategic focus on conservation and sustainable use of fresh and salt water resources, forms part of the Bank’s issuance strategy to engage investors around the SDGs since…

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