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Allianz, IFC and HKMA step forward in sustainable investment

Twinkle Zhou
The new sustainable investment vehicle is expected to target more renewable projects in Latin America, Africa and South Asia.
Allianz, IFC and HKMA step forward in sustainable investment

Under a new partnership called MCPP One Planet, Germany-based insurer Allianz Group and International Finance Corporation (IFC), a member of the World Bank Group, have joined up to create a new global platform for climate smart-investment that will provide up to $3 billion to private enterprises in developing economies.

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