IFC and HSBC Asset Management have partnered to launch a new fund aimed at supporting corporate bond issuers in emerging markets.
The initiative aims to strengthen access to finance for sustainable projects and promote transparency at the issuer level. The partnership builds on HSBC’s existing global emerging market corporate sustainable debt strategy by investing in listed debt securities issued by emerging market companies and financial institutions. In doing so, we aim to increase the financial resources available for projects that focus on sustainability and address both environmental and social challenges.
IFC, known for its focus on international development and private sector growth in developing countries, will make an anchor investment of $100 million to the fund. This initiative is expected to attract additional institutional investors and increase the overall capital pool for sustainability-focused deals in these regions.
The partnership is part of a broader effort to foster sustainable growth in emerging markets, with investments directed towards sustainable technologies and projects that have a positive impact on society. HSBC Asset Management, a global leader in wealth management, specializes in providing high quality investment solutions with a focus on sustainability.
Aiming for economic stability
The initiative also reflects the growing awareness of the importance of sustainability in investment strategies, where the demand for capital to finance green and sustainable projects is rapidly increasing, especially in emerging markets. .
This partnership aims to leverage the strengths of both organizations to significantly impact the funding landscape and address the unique challenges faced by corporate issuers in these regions. The Fund aims to contribute to long-term economic stability and growth in emerging markets by fostering cooperation and increasing funding for sustainable initiatives.
