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The Sustainable Economy

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Lender enters “very exciting phase” as capital grows and it enjoys two triple-A ratings
Paying off external arrears will help get an IMF deal over the line
SSA
China bank treasury demand for suprantional paper rises amid higher volatility and yields
The euro's share of EM bond funding is at its highest in a decade
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  • After four decades of focus on lending to governments, the UN’s agricultural development fund is about to branch out into loans to the private sector
  • The G20 has given hope to those wishing to see multilateral development banks increase their lending by stretching their capital further. If a breakthrough is made, ratings will be a crucial part of it.
  • SRI
    The next 10 years will be tough for central and eastern Europe, economically and politically. Willingly or not, it will have to cut carbon emissions. States in the EU have agreed deep reductions by 2030. But exactly how, when and where the changes come remains to be thrashed out. None of it will be easy — and one of the most important tasks will be to retain the confidence of financial markets. Jon Hay reports.
  • Sudan could see up to $50bn of its debt written off following agreement with bilateral lenders, multilaterals and commercial creditors, potentially turning an important corner in its return to the international fold
  • The EBRD hopes to launch its push into sub-Saharan Africa next year, its managing director for the Southern and Eastern Mediterranean region said this week, as the ravages of Covid-19 in the region stymie hopes of a 2021 launch.
  • The debate over the idea of creating a unified European development bank missed an opportunity raised by the G20 to establish an insurance guarantee agency, one industry expert tells GlobalMarkets