AIIB partners with Amundi to launch climate bond portfolio
The Asian Infrastructure Investment Bank and Amundi announced a collaboration on Tuesday to invest in green and climate bonds in Asia. The fixed income portfolio will have an initial size of $500m, with a further $500m to come from institutional investors.
The portfolio will invest in labelled green bonds and unlabelled climate bonds using an investment framework that takes into account issuers’ green business activities, climate change mitigation and resilience to climate change.The financing for the climate bond portfolio was approved on August 27 and it will begin ...
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