Saudi wealth fund plans green bond, works with BlackRock on ESG
- Date: 22-Sep-2021
- Source: Salaam Gateway
- Sector:Financial Markets
- Country:Saudi Arabia
Saudi wealth fund plans green bond, works with BlackRock on ESG
Photo via Bloomberg
Published 21 Sep,2021 via Bloomberg Green - Saudi Arabia’s $430 billion sovereign wealth fund plans to announce its first green debt issuance and is working with BlackRock Inc. on a framework incorporating environmental, social and governance principles.
The Public Investment Fund will announce the green issuance “very soon,” Governor Yasir Al-Rumayyan said in a virtual event on Tuesday.
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