The World Bank listed two catastrophe bonds on the Singapore Exchange, which finance up to US$225 million of financial protection against earthquakes and tropical cyclones for the Republic of the Philippines over the next three years. This is the first World Bank bond ever listed on SGX, the first cat bond ever listed on an Asian exchange, and the first cat bond ever sponsored by an Asian sovereign.
The World Bank Sovereign ESG Data Portal is new platform to discover and analyze data relevant to sovereign ESG analysis. It was developed as part of the World Bank’s strategy to improve sovereign ESG data usage and analytics and to increase transparency around countries’ sustainability performance. Visit esgdata.worldbank.org for direct access to the portal.
The World Bank Green Bond Impact Report includes an overview of the World Bank’s green bond program and eligible project portfolio, as well as a summary of impact highlights from completed projects that are mapped to sustainable development goals.
The World Bank Treasury is excited to announce a new e-learning program, that provides an overview of the financial products offered by the World Bank to help clients maximize access to development financing and mitigate risks, including the IBRD loan, financial risk management products and disaster risk financing products. The courses are open to the public by enrolling in the World Bank Open Learning Campus.