Browsing: Green and blue economies

African countries to come together and develop smart solutions that unlock the potential of Africa’s blue economy to promote sustainable development. www.theexchange.africa

Harnessing Blue Bonds potential for Africa

Investing

 A blue bond is a relatively new form of a sustainability bond, which is a debt instrument that is issued to support investments in healthy oceans and blue economies, wherein earnings are generated from the investments in sustainable blue economy projects.

According to IDB Invest, Blue bonds can raise capital for projects and companies seeking to have a direct impact on the ocean and water-related issues while advancing in social inclusion, economic growth, environmental protection, and the broader 2030 agenda.

The World Bank is the biggest multilateral funder for ocean and water projects in developing countries and is committed to working with investors to highlight the critical need to support the sustainable use of ocean and marine resources which inarguably includes better waste management. …