Thursday
June 27
2024

Press Release: British International Investment and Symbiotics Strengthen Partnership With Launch of Second Green Basket Bond Across Asia and Africa

British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has committed $75 million to the second Green Basket Bond arranged by Symbiotics Investments, a leading emerging markets access platform and financial lender. The green lending programme will increase financing to small-scale green projects across Africa, South and South-East Asia through MSME lenders, with a particular focus on India. It will support new MSME lenders not included in the first Green Basket Bond.

Photo courtesy of name_ gravity.

Source: British International Investment (link opens in a new window)

Categories
Agriculture, Energy, Environment, Investing, Technology, Transportation
Tags
clean cooking, climate change, development finance, forests, impact bonds, impact investing, lending, MSMEs, partnerships, renewable energy, sustainable finance