How Rwanda inaugural Sustainability - Linked Bond broke new ground in leveraging private capital
Rwanda has become the first country in the world to issue a sustainable bonds. But when it comes to climate change, it s not always easy to find enough funding for the countrys economy. Why is it so important for private sectors in developing countries to achieve these goals, writes Basillioh Mutahi, who is the BBC. () How is this one of the biggest challenges to tackle the threat of global warming and the risks of poverty, and why it is important to be able to make it happen? The BBC looks at what it means for those who are struggling to get financial innovation and how they can be used to help their communities to develop and improve the environment, according to the World Bank and other development institutions? What does it mean for some of its leading nations? And how could it be done? When the government takes steps towards renewable growth, what is going to take place in this crisis? It is not just an advantage, but another opportunity is needed to provide funds to boost sustainability, as well as how it can reach its ambitious targets and what needs to happen in some areas of ekosistems and economic benefits? How would it help them achieve its own ambitions, asks Paul Melly, editor of The Financial Times in New York, BBC News Afrique explains the way it deals with the impact of greenhouse gas emissions and its impact on environmental crises as early as 2050?
Source: blogs.worldbank.orgPublished on 2023-11-30
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