Nomura Holdings Starts Sale of Green IFC Bonds

Nomura Holdings, Inc, a major investment trust company in Japan, started selling Green IFC Bonds issued by the International Finance Corporation (IFC) to its domestic retail clients on February 16, 2011. Green IFC Bonds are Australian dollar denominated bonds issued by IFC and are redeemable in 2014.

The funds raised from these bonds are used for investing exclusively in renewable energy, energy efficiency, and other climate-friendly projects in developing countries. As this allows investors to contribute to environment-related projects, these bonds are called "impact investment bonds" or "social investment bonds."

IFC is the world's leading organization focusing on socially responsible investment. It helps people in poverty and improves living standards in developing counties by creating employment and financing development projects. IFC also has developed the Equator Principles, an international framework for managing social and environmental risks in project financing.

The Nomura group plans to contribute to society through their business by bridging the needs of individual investors who wish to make socially responsible investments with the funding requirements of ongoing projects to solve social challenges in countries around the world.

Posted: 2011/05/12 06:00:15 AM