13th September 2024
T. Rowe Price: The power of additionality: Blue bonds could boost sustainability
Issuance of sustainable debt has exploded over the past 10 years as many investors seek to allocate capital to sustainability efforts while pursuing investment returns. But the amount of annual investment required to achieve the United Nations Sustainable Development Goals (UN SDGs) continues to grow, while the time available to achieve them diminishes. The United Nations estimated in 2023 that an additional USD 4 trillion was needed reach its goals. This funding gap is especially acute in emerging markets countries.
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