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World Bank Issues Sustainable Development Bond in Chinese Yuan and Raises Awareness for Food Loss and Waste


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WASHINGTON: The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) issued a 2-year Sustainable Development Bond raising CNH 500 million (approximately US$ 77 million equivalent) while engaging with investors to raise awareness for the importance of combatting food loss and waste. These challenges are outlined by Sustainable Development Goal 12.3: halving food waste by 2030. The bond was placed with investors committed to highlighting the importance of this theme, with Gavekal Capital Limited as the lead investor. HSBC Bank plc acted as sole lead manager for the transaction.
Jingdong Hua, Vice President and Treasurer, World Bank, said, “Supporting countries to address the climate and social impacts of food loss and waste is a key priority for the World Bank particularly as the COVID pandemic has exposed both supply chain vulnerabilities and may add up to 130 million undernourished people in the world. We thank investors who participate ....

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VIETNAM NEWS HEADLINES JULY 18


VIETNAM NEWS HEADLINES JULY 18
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 18/07/2021
  
07:02
GMT+7
HCM City tightens management in quarantine areas to limit cross-infection of COVID-19
Deputy Prime Minister Vu Duc Dam requested Ho Chi Minh City continue to tighten management to prevent cross-infection of COVID-19 in quarantine and sealed-off areas at an online briefing of the National Steering Committee for COVID-19 Prevention and Control on July 17.
Dam, who is also head of the committee, urged the city to strengthen transport of newly-infectious cases to treatment facilities, especially those with worsening symptoms.
HCM City needs to ensure the supply of essential goods and food to stabilise people s lives and encourage people to share the immediate difficulties to strictly comply wi ....

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