IFC issued its first green bond in the Australian dollar market, raising 900 million Australian dollars for climate-friendly projects. The landmark fixed-rate bond due to mature in May 2027 is the largest Australian dollar green bond issued by a multilateral development bank in 2022 and is also IFC’s largest Kangaroo transaction in over a decade. The proceeds of the bond will be earmarked for climate-smart projects, including clean energy, energy-efficient buildings, transport, green banking, agriculture, and climate adaptation in developing economies. The transaction attracted robust investor demand, garnering orderbooks of…
Read MoreIFC’s First Green Kangaroo Bond Raises 900 Million Australian Dollars for Climate-Friendly Projects
