Launch of Green Guarantee Company to mobilise billions in climate finance

The world’s first climate-focused guarantee company is set to unlock billions in climate finance for developing countries by providing guarantees for institutional investors buying green bonds issued and listed on the London Stock Exchange (LSE) and green loans issued in the private credit market.   The Green Guarantee Company (GGC), developed by the Development Guarantee Group, which was co-founded with Cardano Development, celebrated the launch of its operations with a Market Closing Ceremony at the LSE on Friday, 2 February 2024. GGC will use guarantees to help borrowers in developing…

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