T. Rowe Price, IFC Launch $200M Blue Economy Bond Fund for Sustainability

T. Rowe Price kickstarts blue bond fund launch with $200m

T. Rowe Price has launched a bond strategy targeting exposure to the blue economy across emerging markets. The T. Rowe Price Emerging Markets Blue Economy Bond strategy has been created in partnership with the International Finance Corporation (IFC), a member of the World Bank Group and both groups have seeded the fund alongside initial commitments from Xylem, a global water solutions company, and Builders Vision, a team of investors and philant…

T. Rowe Price Offers EM Blue Economy Bond Strategy - Markets Media

In a significant move toward addressing the world’s growing water resource challenges, T. Rowe Price, a global investment management firm and a leader in retirement, and International Finance Corporation (IFC), a member of the World Bank Group, have launched the T. Rowe Price Emerging Markets Blue Economy Bond Strategy (T. Rowe Price Blue)—an innovative investment strategy aimed at catalyzing the corporate blue bond market. In addition to capita…

T. Rowe Price, IFC Launch $200M Blue Economy Bond Fund for Sustainability

Rowe Price and the International Finance Corporation (IFC) have launched the T. Rowe Price Emerging Markets Blue Economy Bond Strategy, a fund targeting sustainable water management and ocean preservation. This initiative marks a significant step in catalyzing the blue bond market, aiming to attract private capital at scale by demonstrating a viable investment model for blue bonds in emerging… Source

T. Rowe Price Launches $200 Million Emerging Markets Blue Bond Impact Fund

Global investment manager T. Rowe Price and World Bank Group member the International Finance Corporation (IFC) announced the launch of the T. Rowe Price Emerging Markets Blue Economy Bond Strategy (T. Rowe Price Blue), a new fund aimed at investing in companies supporting projects targeting sustainable water management and ocean preservation. The strategy also aims to help catalyze the blue bond market, crowding in additional private capital at…