Today, I am thrilled to announce that early next year, the Green Guarantee Company – the first privately guaranteed company devoted to green bonds and loans in developing countries – will officially launch. Because providing investment grade guarantees vastly increases the number of investors that can support these projects, the U.S. government’s $10 million in seed funding is expected to help the Green Guarantee Company catalyze $1 billion in new investment to least developed countries for climate adaptation and mitigation. Today, I am thrilled to announce that early next year, the Green Guarantee Company – the first privately guaranteed company devoted to green bonds and loans in developing countries – will officially launch. Because providing investment grade guarantees vastly increases the number of investors that can support these projects, the U.S. government’s $10 million in seed funding is expected to help the Green Guarantee Company catalyze $1 billion in new investment to least developed countries for climate adaptation and mitigation. Read More USAID.gov Dated Content
