Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno has highlighted the importance of green investments or projects aimed at the conservation of natural resources in driving the country’s post-pandemic recovery.
BSP to invest in Asian Green Bond Fund By LEE C. CHIPONGIAN The Bangko Sentral ng Pilipinas (BSP) will invest in the Asian Green Bond Fund this year. The Asian Green Bond Fund is managed by the Bank for International Settlements (BIS) to help central banks focus their reserves towards green finan
Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno said emerging markets like the Philippines could stand to benefit from green investments, especially in its growth momentum from the pandemic disruptions, if countries adopt a sustainable path to recovery. Citing data from the World Bank’s International Finance Corporation, Diokno said that…
The Bank for International Settlements (BIS) said on Thursday it had developed an Asian Green Bond Fund to channel global central bank reserves to green projects in the Asia Pacific region.