world bank

Credit Suisse Securities has acted as the sole manager of the transaction

It is the organisation’s first sustainable bond in Norwegian krona and aims to raise awareness around water and ocean resources

The financing will enable small and medium sized businesses to invest in energy efficient machinery and upgrade their facilities with modern equipment

It supports the country’s ambition to develop a total of up to 5GW of solar power by 2030

It is part of a campaign to raise awareness for the critical need to protect and sustain water and ocean resources

The interconnector, scheduled to be completed by 2024, is expected to considerably enhance the stability and reliability of Moldova’s electricity supply

Set up in April this year, the Coalition consists of more than 80 partners aiming to expand access to cooling while reducing the climate impact

The proceeds of the five-year green bond will finance investments in projects including renewable energy, green buildings and energy efficiency

Existing Green Climate Fund projects are estimated to help around 300m people cope with the effects of climate change

The West Bakr Wind project will have a capacity of 252MW and is expected to produce enough renewable electricity to power around 350,000 homes