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Browsing: Norwegian Krone Bond Market
- Africa’s green bonds market is growing rapidly as the continent increases issuances to power transition to green energy.
- The Green and Resilience Debt Platform (GRDP) has been established to address climate financing gaps in Africa.
- Countries will now have access to $2B in green debt capital markets via the Platform, thereby bolstering resilience against climate change shocks.
The green bonds market in Africa is showing strong signs of growth as countries move to tackle climate change. The sector is registering a renewed momentum attracting investments in response to the continent’s vulnerability to climate change crisis. For instance, the Nordic Development Fund (NDF) has granted EUR 500,000 to the Green and Resilience Debt Platform (GRDP).
The Fund was established by the UNDP in partnership with UNCDF, European Investment Bank (EIB), Green Climate Fund (GCF) and the European Union’s Global Green Bond Initiative (GGBI). The platform is working with various stakeholders to …
