News
Symbiotics Investments – Arranged Repack Enables Amundi Asset Management to Invest in BBVA Colombia’s Blue Bond
Symbiotics Investments has arranged a green bond repack, which permitted Amundi Asset Management, a subsidiary of the Credit Agricole group, to take a $50,000,000 exposure to a blue bond issued by BBVA Colombia, the largest foreign investor in the Colombian financial system.
The issuance of the blue bond gives BBVA Colombia a fresh source of funding to grow their investments in water and marine-related projects. The projects that will be financed include sustainable water and wastewater management such as investments in new drinking water treatment; pollution prevention and control, such as the use of recycled plastics for manufacturing in a circular economy approach; and renewable energy, with a specific focus on marine renewables.
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How Savings Groups Can Address Gender Inequality Through Dialogue
Unequal power dynamics and discriminatory social norms can stand in the way of women gaining full control of their financial resources. Engaging in four types of dialogue – from household to systems – can help shift these norms.
Connecting Venezuelan Migrants With the Financial System in Colombia
The Banca de las Oportunidades project, “El Parche Financiero” (“the Financial Patch”), aims to promote financial inclusion for the 100,000 Venezuelan migrants in the country.
Breaking Down Silos to Advance Financial Inclusion of Forcibly Displaced People
Coordinated efforts are needed to move from emergency response to long-term inclusion. The Community of Practice on the Financial Inclusion of Forcibly Displaced People aims to help make this happen.