Monday
August 14
2023

Philippines’ Bank of Philippines Island’s Green Bond Gets $250 Million Investment from International Finance Corporation

The International Finance Corporation (IFC), the private investment arm of the World Bank Group, is pouring US$250 million into the Bank of the Philippine Island’s (BPI) green bond, which aims to finance renewable energy and electric vehicle projects in the Philippines.

Photo courtesy of Ferdinand Edralin/ UNDP.

Source: Eco-Business (link opens in a new window)

Categories
Agriculture, Energy, Investing, Transportation
Tags
agtech, electric vehicles, global development, renewable energy