Climate change is also expected to affect the private sector in the country. In the same report, the World Bank estimated that climate change is projected to lower productivity by 8-20% and reduce tourism revenues by 8-17% in 2050.
India s new financial hub, Gujarat International Finance Tec-City (GIFT City), has granted approval to Azim Premji s family office to set up a family investment fund. The approval comes as dozens of applications for FIFs allowing families to invest across various asset classes and instruments offshore are still pending.
India s new financial hub, Gujarat International Finance Tec-City (GIFT City), has granted approval to Azim Premji s family office to set up a family investment fund. The approval comes as dozens of applications for FIFs allowing families to invest across various asset classes and instruments offshore are still pending.
THE Securities and Exchange Commission (SEC) on Dec. 5, 2023 hosted with the Asian Development Bank (ADB), in partnership with the British Embassy Manila and the Asean Catalytic Green Finance Facility, an event to officially launch blue bonds in the Philippines following the issuance on Sept. 21, 2023 of SEC Memorandum Circular 15, Series of 2023, providing for guidelines on eligible blue projects and activities for the issuance of blue bonds in the Philippines.