September 16, 2021
sprep-pa
This month, ADB issued its first blue bond, driving forward its ambitious plan to build sustainable blue economies and to use the financial markets to scale up ocean solutions...In 2019, ADB launched its Action Plan for Healthy Oceans and Sustainable Blue Economies for the Asia and Pacific region. The plan aims to expand financing and assistance for ocean health and marine economy projects...Blue bonds are debt instruments in which the proceeds are used to fund projects that benefit ocean health.
