Post by account_disabled on Mar 2, 2024 22:47:33 GMT -5
Green Biz Collage Close Authorship The World Bank, BNP Paribas and Swiss private bank SYZ have renewed their partnership for an equity bond offering that will link investment returns to the performance of companies advancing priorities set out in the United Nations' Sustainable Development Goals (SDGs). Under the renewed partnership, announced Sept. , BNP Paribas will arrange the bond, with Banque SYZ the sole distributor of the note in Switzerland which will directly connect private investors to the SDGs.
All investments will be used to finance World Bank development projects. It follows "great interest" from investors after SYZ first offered SDG-focused investment BTC Number Data opportunities to private clients last year, according to the Swiss bank, prompting the decision to renew its partnership with the World Bank's International Bank for Reconstruction and Development (IBRD) on another equity-linked bond offering. The return on investment of the bond is directly linked to the stock performance of companies included in the Solactive Sustainable Development Goals World MV Index, according to the World Bank.
The return on investment of the bond is directly linked to the stock performance of companies included in the Solactive Sustainable Development Goals World MV Index, according to the World Bank. The Index includes firms which dedicate at least one-fifth of their activities to sustainable projects, or are recognized leaders in their industries on social or environmentally sustainable issues. World Bank vice president and treasurer Arunma Oteh said the active participation of private investors was key to the shift in development finance in support of the SDGs.
All investments will be used to finance World Bank development projects. It follows "great interest" from investors after SYZ first offered SDG-focused investment BTC Number Data opportunities to private clients last year, according to the Swiss bank, prompting the decision to renew its partnership with the World Bank's International Bank for Reconstruction and Development (IBRD) on another equity-linked bond offering. The return on investment of the bond is directly linked to the stock performance of companies included in the Solactive Sustainable Development Goals World MV Index, according to the World Bank.
The return on investment of the bond is directly linked to the stock performance of companies included in the Solactive Sustainable Development Goals World MV Index, according to the World Bank. The Index includes firms which dedicate at least one-fifth of their activities to sustainable projects, or are recognized leaders in their industries on social or environmentally sustainable issues. World Bank vice president and treasurer Arunma Oteh said the active participation of private investors was key to the shift in development finance in support of the SDGs.