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Green bond fund structure may help to achieve other UN sustainability development goals

Amundi is launching the world’s largest emerging markets green bond fund with IFC. Here's what it could achieve.
Green bond fund structure may help to achieve other UN sustainability development goals

The fund, a joint venture between Amundi and the International Financial Corporation (IFC), closed in March at $1.42 billion. A cooperative arrangement between both public and private sectors, it is in the process of deploying funding for projects. Called the Amundi Planet Emerging Green One (AP EGO)*, it aims to deploy around $2 billion into emerging markets green bonds by the end of its seven-year investment period by reinvesting proceeds.

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