{"id":66942,"date":"2021-05-27T20:03:25","date_gmt":"2021-05-27T18:03:25","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=66942"},"modified":"2021-05-27T20:03:53","modified_gmt":"2021-05-27T18:03:53","slug":"world-bank-issues-10-m-sustainable-development-bond","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/","title":{"rendered":"World Bank issues $ 10 m sustainable development bond"},"content":{"rendered":"

The World Bank<\/a> issued today a $ 10 million, 5-year Sustainable Development Bond. It launched the bond as a part of a campaign to raise awareness for the vital role of the world\u2019s freshwater and marine resources and the importance of addressing water and ocean pollution.<\/p>\n

Fiera Capital was the sole investor in this transaction which was purchased for the Fiera Multi-Strategy Income fund. J.P. Morgan was the sole underwriter and distributor of the bond.<\/p>\n

This bond is the latest example of the World Bank\u2019s engagement with investors around specific development challenges and the Sustainable Development Goals (SDGs). Through this engagement, the World Bank and Fiera Capital are raising awareness for SDG 6, Clean Water and Sanitation, and SDG 14, Life Below Water.<\/p>\n

The COVID-19 pandemic poses additional threats to water and oceans as difficult short-term choices between health and the environment result in an increased use of single-use plastics and increased production of medical waste, which can end up in the Earth\u2019s oceans.\u00a0\u00a0<\/em><\/p>\n

The World Bank, as the largest multilateral funder for ocean and water projects in developing countries, is committed to ensuring access to safe and clean water and the sustainable use of ocean and marine resources. The World Bank\u2019s overall oceans program includes projects that range from implementing large regional fisheries programs, to tackling all sources of marine pollution, protecting critical marine habitats and supporting coastal development around the globe. The World Bank champions the Blue Economy agenda more generally, finding solutions and providing the analytical work needed for governments to create an enabling environment for the sustainable development of coastal, marine economies. This includes through support from PROBLUE, a multi-donor trust fund housed at the World Bank.<\/p>\n

\u201cWe are extremely pleased to once again be partnering with the World Bank, a global leader in the impact investing space, in a bond that combines financial return and contributes to a more sustainable future. Water is a critical aspect of human life and these Sustainable Development Bonds are a focused way to raise awareness for Sustainable Development Goals (\u201cSDG\u201d) 6, Clean Water and Sanitation, and SDG 14, Life Below Water.\u201d\u00a0<\/em>said\u00a0Nicolas Vaugeois, Vice President & Co-lead Portfolio Manager.<\/p>\n

\u201cFiera Capital and the World Bank share a common vision of integrating ESG factors into financial decisions and the firm belief that responsible investing is profitable. Similar to our 2019 investment, the transaction announced today will have a direct and positive impact by supporting sustainable development activities financed by the World Bank. It also helps to raise awareness for the environment, protecting water and ocean resources that are essential to sustaining health and well-being across the globe. We are very proud of this second collaboration with the World Bank,\u201d\u00a0said\u00a0Alexandre Cousineau, Vice President & Co-Lead Portfolio Manager.<\/p>\n

\u201cWe are grateful to again have the opportunity to work with Fiera Capital and support their efforts to highlight the critical need to protect water and ocean resources \u2013 especially since COVID has exacerbated the challenges to ensure clean water and oceans. We appreciate Fiera Capital\u2019s ongoing interest in the World Bank\u2019s sustainable development activities and investment in our bonds,\u201d\u00a0<\/em>said\u00a0Heike Reichelt, Head of World Bank\u2019s Investor Relations and Sustainable Finance.<\/p>\n

The World Bank supports programs and activities in its member countries designed to achieve a positive social and environmental impact in line with the World Bank\u2019s twin goals of eliminating extreme poverty and promoting shared prosperity. These \u201ctwin goals\u201d are aligned with the Sustainable Development Goals (SDGs).<\/p>\n

World Bank bonds are consistent with the sustainability bond guidelines published by the International Capital Markets Association. A key priority for the World Bank\u2019s engagement in the capital markets is to build strategic partnerships with investors to raise awareness for the role of private sector financing in sustainable development.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

The World Bank issued today a $ 10 million, 5-year Sustainable Development Bond. It launched the bond as a part of a campaign to raise awareness for the vital role of the world\u2019s freshwater and marine resources and the importance of addressing water and ocean pollution. Fiera Capital was the sole investor in this transaction […]<\/p>\n","protected":false},"author":410,"featured_media":66943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6038,984],"tags":[],"yoast_head":"\nWorld Bank issues $ 10 m sustainable development bond - Csr Egypt<\/title>\n<meta name=\"description\" content=\"The World Bank issued today a $10 million, 5-year Sustainable Development Bond as a part of a campaign to raise awareness\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank issues $ 10 m sustainable development bond - Csr Egypt\" \/>\n<meta property=\"og:description\" content=\"The World Bank issued today a $10 million, 5-year Sustainable Development Bond as a part of a campaign to raise awareness\" \/>\n<meta property=\"og:url\" content=\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/\" \/>\n<meta property=\"og:site_name\" content=\"Csr Egypt\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/csregypt\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-27T18:03:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-27T18:03:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/csregypt.com\/wp-content\/uploads\/2021\/05\/Group-of-Friends-of-SDG-Finance.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"564\" \/>\n\t<meta property=\"og:image:height\" content=\"395\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Marwa Zein\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@egyptcsrforum\" \/>\n<meta name=\"twitter:site\" content=\"@egyptcsrforum\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Marwa Zein\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/\"},\"author\":{\"name\":\"Marwa Zein\",\"@id\":\"https:\/\/csregypt.com\/#\/schema\/person\/5df2c73ec5c5eaada424a85f98cd7bec\"},\"headline\":\"World Bank issues $ 10 m sustainable development bond\",\"datePublished\":\"2021-05-27T18:03:25+00:00\",\"dateModified\":\"2021-05-27T18:03:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/\"},\"wordCount\":636,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/csregypt.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/csregypt.com\/wp-content\/uploads\/2021\/05\/Group-of-Friends-of-SDG-Finance.jpg\",\"articleSection\":[\"contribute to solution\",\"news\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/\",\"url\":\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/\",\"name\":\"World Bank issues $ 10 m sustainable development bond - Csr Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/csregypt.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/csregypt.com\/wp-content\/uploads\/2021\/05\/Group-of-Friends-of-SDG-Finance.jpg\",\"datePublished\":\"2021-05-27T18:03:25+00:00\",\"dateModified\":\"2021-05-27T18:03:53+00:00\",\"description\":\"The World Bank issued today a $10 million, 5-year Sustainable Development Bond as a part of a campaign to raise awareness\",\"breadcrumb\":{\"@id\":\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#primaryimage\",\"url\":\"https:\/\/csregypt.com\/wp-content\/uploads\/2021\/05\/Group-of-Friends-of-SDG-Finance.jpg\",\"contentUrl\":\"https:\/\/csregypt.com\/wp-content\/uploads\/2021\/05\/Group-of-Friends-of-SDG-Finance.jpg\",\"width\":564,\"height\":395,\"caption\":\"World Bank issues $ 10 m sustainable development bond\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/csregypt.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"World Bank issues $ 10 m sustainable development bond\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/csregypt.com\/#website\",\"url\":\"https:\/\/csregypt.com\/\",\"name\":\"\u0633\u064a \u0625\u0633 \u0622\u0631 \u0645\u0635\u0631\",\"description\":\"The first portal for CSR in Egypt and Middle East\",\"publisher\":{\"@id\":\"https:\/\/csregypt.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/csregypt.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/csregypt.com\/#organization\",\"name\":\"CSR\",\"url\":\"https:\/\/csregypt.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/csregypt.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.csregypt.com\/wp-content\/uploads\/2019\/05\/logos-7.png\",\"contentUrl\":\"https:\/\/www.csregypt.com\/wp-content\/uploads\/2019\/05\/logos-7.png\",\"width\":1080,\"height\":1080,\"caption\":\"CSR\"},\"image\":{\"@id\":\"https:\/\/csregypt.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/csregypt\/\",\"https:\/\/x.com\/egyptcsrforum\",\"https:\/\/www.instagram.com\/csr.egypt\/\",\"https:\/\/www.linkedin.com\/in\/csr-egypt-43381ab5\/\",\"https:\/\/www.pinterest.com.au\/csregypt\/\",\"https:\/\/www.youtube.com\/channel\/UCh21PZpnBj2yjj2PeclXz1g\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/csregypt.com\/#\/schema\/person\/5df2c73ec5c5eaada424a85f98cd7bec\",\"name\":\"Marwa Zein\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/csregypt.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/383ed3b7c60ec18a972e284b402d1b29?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/383ed3b7c60ec18a972e284b402d1b29?s=96&d=mm&r=g\",\"caption\":\"Marwa Zein\"},\"sameAs\":[\"http:\/\/marwazein1982@gmail.com\"],\"url\":\"https:\/\/csregypt.com\/en\/author\/marwa-zein\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"World Bank issues $ 10 m sustainable development bond - Csr Egypt","description":"The World Bank issued today a $10 million, 5-year Sustainable Development Bond as a part of a campaign to raise awareness","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/","og_locale":"en_US","og_type":"article","og_title":"World Bank issues $ 10 m sustainable development bond - Csr Egypt","og_description":"The World Bank issued today a $10 million, 5-year Sustainable Development Bond as a part of a campaign to raise awareness","og_url":"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/","og_site_name":"Csr Egypt","article_publisher":"https:\/\/www.facebook.com\/csregypt\/","article_published_time":"2021-05-27T18:03:25+00:00","article_modified_time":"2021-05-27T18:03:53+00:00","og_image":[{"width":564,"height":395,"url":"https:\/\/csregypt.com\/wp-content\/uploads\/2021\/05\/Group-of-Friends-of-SDG-Finance.jpg","type":"image\/jpeg"}],"author":"Marwa Zein","twitter_card":"summary_large_image","twitter_creator":"@egyptcsrforum","twitter_site":"@egyptcsrforum","twitter_misc":{"Written by":"Marwa Zein","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#article","isPartOf":{"@id":"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/"},"author":{"name":"Marwa Zein","@id":"https:\/\/csregypt.com\/#\/schema\/person\/5df2c73ec5c5eaada424a85f98cd7bec"},"headline":"World Bank issues $ 10 m sustainable development bond","datePublished":"2021-05-27T18:03:25+00:00","dateModified":"2021-05-27T18:03:53+00:00","mainEntityOfPage":{"@id":"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/"},"wordCount":636,"commentCount":0,"publisher":{"@id":"https:\/\/csregypt.com\/#organization"},"image":{"@id":"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#primaryimage"},"thumbnailUrl":"https:\/\/csregypt.com\/wp-content\/uploads\/2021\/05\/Group-of-Friends-of-SDG-Finance.jpg","articleSection":["contribute to solution","news"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/","url":"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/","name":"World Bank issues $ 10 m sustainable development bond - Csr Egypt","isPartOf":{"@id":"https:\/\/csregypt.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#primaryimage"},"image":{"@id":"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#primaryimage"},"thumbnailUrl":"https:\/\/csregypt.com\/wp-content\/uploads\/2021\/05\/Group-of-Friends-of-SDG-Finance.jpg","datePublished":"2021-05-27T18:03:25+00:00","dateModified":"2021-05-27T18:03:53+00:00","description":"The World Bank issued today a $10 million, 5-year Sustainable Development Bond as a part of a campaign to raise awareness","breadcrumb":{"@id":"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#primaryimage","url":"https:\/\/csregypt.com\/wp-content\/uploads\/2021\/05\/Group-of-Friends-of-SDG-Finance.jpg","contentUrl":"https:\/\/csregypt.com\/wp-content\/uploads\/2021\/05\/Group-of-Friends-of-SDG-Finance.jpg","width":564,"height":395,"caption":"World Bank issues $ 10 m sustainable development bond"},{"@type":"BreadcrumbList","@id":"https:\/\/csregypt.com\/en\/world-bank-issues-10-m-sustainable-development-bond\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/csregypt.com\/"},{"@type":"ListItem","position":2,"name":"World Bank issues $ 10 m sustainable development bond"}]},{"@type":"WebSite","@id":"https:\/\/csregypt.com\/#website","url":"https:\/\/csregypt.com\/","name":"\u0633\u064a \u0625\u0633 \u0622\u0631 \u0645\u0635\u0631","description":"The first portal for CSR in Egypt and Middle East","publisher":{"@id":"https:\/\/csregypt.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/csregypt.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/csregypt.com\/#organization","name":"CSR","url":"https:\/\/csregypt.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/csregypt.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.csregypt.com\/wp-content\/uploads\/2019\/05\/logos-7.png","contentUrl":"https:\/\/www.csregypt.com\/wp-content\/uploads\/2019\/05\/logos-7.png","width":1080,"height":1080,"caption":"CSR"},"image":{"@id":"https:\/\/csregypt.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/csregypt\/","https:\/\/x.com\/egyptcsrforum","https:\/\/www.instagram.com\/csr.egypt\/","https:\/\/www.linkedin.com\/in\/csr-egypt-43381ab5\/","https:\/\/www.pinterest.com.au\/csregypt\/","https:\/\/www.youtube.com\/channel\/UCh21PZpnBj2yjj2PeclXz1g"]},{"@type":"Person","@id":"https:\/\/csregypt.com\/#\/schema\/person\/5df2c73ec5c5eaada424a85f98cd7bec","name":"Marwa Zein","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/csregypt.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/383ed3b7c60ec18a972e284b402d1b29?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/383ed3b7c60ec18a972e284b402d1b29?s=96&d=mm&r=g","caption":"Marwa Zein"},"sameAs":["http:\/\/marwazein1982@gmail.com"],"url":"https:\/\/csregypt.com\/en\/author\/marwa-zein\/"}]}},"jetpack_featured_media_url":"https:\/\/csregypt.com\/wp-content\/uploads\/2021\/05\/Group-of-Friends-of-SDG-Finance.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/posts\/66942"}],"collection":[{"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/users\/410"}],"replies":[{"embeddable":true,"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/comments?post=66942"}],"version-history":[{"count":1,"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/posts\/66942\/revisions"}],"predecessor-version":[{"id":66945,"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/posts\/66942\/revisions\/66945"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/media\/66943"}],"wp:attachment":[{"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/media?parent=66942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/categories?post=66942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/tags?post=66942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}