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We are ready with blue investments for sustainable marine economy: IFC chief

Times of India LogoTimes of India5h ago

We are ready with blue investments for sustainable marine economy: IFC chief - Times of India

Quick Summary:

Makhtar Diop, managing director of IFC, plans to expand India's focus to include blue bonds for water and support municipalities in raising funds.

He highlights the strong growth in India's IFC portfolio and aims to continue annual investments of $4-5 billion while addressing job creation, energy transition, and financial sector improvements.

A few things came out, they need policy certainty from the sovereign govts and the World Bank can help.


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Article Details

Author / Journalist: Sidhartha

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-05 @ 02:14:07 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1280 words

Reading Time: 8 minutes read

Sentences: 72 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 22885873

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About Times of India

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Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 10 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 1 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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