World Bank eyes securitisation for climate finance
Monday, 4 December 2023 The World Bank is collaborating with a club of 15 finance executives, including BlackRock's Larry Fink and AXA SA's Thomas Buberl, through the Private Sector Investment Lab (PSIL) to reduce investment risks in climate projects in emerging economies. The PSIL aims to create a securitisable asset class that will attract deep-pocketed investors like BlackRock and large pension funds. This initiative is part of the World Bank's efforts to mobilize funds for addressing climate change and facilitating the transition to clean energy.
These Are the World's , Top Polluters , Heading Into COP28.
Using data from the EU's Emissions Database for Global
Atmospheric Research 2023, 'The Independent' recently revealed
the greenhouse gas (GHG) emissions for every country.
In 2022, China was the world's biggest GHG producer,
generating...
Leaders from around the world are converging at the UN Climate Conference, where discussions are set to unfold on the unprecedented challenges posed by climate impacts in various nations.
#COP28..
Monday, 4 December 2023
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