On April 21, 2017 the Financial Times reported that “IFC has partnered with Amundi, Europe’s largest listed asset manager, with the aim of raising up to $2bn from other international investors to create the biggest green bond fund dedicated to emerging markets to date.”
According to the article, “’This fund will essentially create a green bond market where there was none,’ said Philippe Le Houérou, chief executive of the IFC.
He added that the IFC would create a dedicated team to provide training and technical support to financial institutions in emerging markets and that dozens of banks in developing countries had already been identified as potential partners.”
Registered users may read the article on the Financial Times internet site.