Citi sets record for Asia Pacific sustainable financing and aims to further develop ESG in the Philippines Project Rebound


Source: inquirer.net inquirer.net

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[Big business isn’t big bad wolf in climate crisis] Citi has raised over US$40bn for Asia Pacific clients from global and local capital markets year to date, to support their [sustainable financing needs.](/4653/ph-lags-in-global-push-for-renewables/) This is an increase of over 500% versus the same period in 2020. In the Philippines, Citi has helped raise over US$1billion in green and sustainable bond financing for local clients over the last two years and supported local banks and corporates with their Sustainability Financing Framework. “As a global, value-driven firm, we are dedicated to supporting the transition to a low-carbon economy. We view sustainable financing...