CEST Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans. International Finance Corporation ( IFC ) issued a green bond worth $ 90 m in Philippine pesos to support the development of renewable energy , especially geothermal , in the country . The bond will have a 15 year maturity and will also fund projects by the Energy Development Corporation . It is the first green bond to be issued by a multilateral development institution in Philippine pesos .
International Finance Corporation ( IFC ) issued a green bond worth $ 90 m in Philippine pesos to support the development of renewable energy , especially geothermal , in the country . The bond will have a 15 year maturity and will also fund projects by the Energy Development Corporation . It is the first green bond to be issued by a multilateral development institution in Philippine pesos .