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Amundi Planet fund: USD 100m investment for green bonds in developing countries
Project


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Signature date
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Location
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Multi-country Global
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Financing tool
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Financing amount (Euro)
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86984774
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Financing details
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Equity investment of USD 100m
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Customer
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AMUNDI PLANET SICAV-SIF
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Type of customer
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Investment fund
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Project number
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PZZ1362
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Environmental and social ranking
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A
The Amundi Planet–Emerging Green One fund will invest green bonds issued by financial institutions from emerging and developing countries. By investing USD 100m in this fund, PROPARCO is contributing to the development of green finance.
Client presentation
N/A
Project description
The USD 1.4bn Amundi Planet – Emerging Green One fund, launched at the initiative of the International Finance Corporation (IFC) and the French asset manager Amundi, aims to invest in green bonds which will be issued by financial institutions in developing countries.
Project impact
This project will:
- Support the fight against climate change: the Amundi Planet fund is one of the first green funds targeting emerging and developing countries and supports innovative solutions to combat climate change.
- Support employment: through the expected issue of USD 2bn of green bonds, the project should contribute to creating or maintaining 24,000 jobs in the beneficiary financial institutions of the fund.