EDB, AIFC to promote green finance in Belarus
<p> MINSK, Jul 23 - PrimePress. The Eurasian Development Bank (EDB), the Astana International Financial Centre Authority (AIFCA), and the Ministry of Finance of Belarus have signed an agreement to promote green finance in Belarus using the AIFCA Green Finance Centre (a subsidiary of the AIFC Authority). </p> <p> </p> <p> The parties have agreed to explore opportunities for cooperation on green finance projects, including sharing best practices and knowledge on investments in environmental and social projects. </p> <p> </p> <p> “The agreement is important for the Eurasian Development Bank as it will contribute to a green agenda in the EAEU countries. We are glad to join our efforts in implementing joint projects in green finance and environmental protection,” said Amangeldy Issenov, Vice Chairman of the EDB Management Board. “As a leading development bank in the region, we would be interested in participating and assisting in the projects implemented by the AIFC and the Ministry of Finance of Belarus using our expertise and financial instruments.” </p> <p> </p> <p> The Eurasian Development Bank (EDB) is an international financial institution promoting integration and development in its member countries. For 15 years, the EDB has worked to strengthen and broaden economic ties and foster comprehensive development in its member countries – Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, Russia, and Tajikistan. The EDB charter capital totals US $7 billion. The EDB’s portfolio mainly consists of projects with an integration effect in the areas of transport infrastructure, digitalisation, green energy, agriculture, industry, and mechanical engineering. The Bank adheres to the UN Sustainable Development Goals and ESG principles in its operations. </p> <p> </p> <p> The Astana International Financial Centre (AIFC) was established in July 2018. The goal of the AIFC is to form a leading centre for international financial services. The objectives of the AIFC are to assist in attracting investments in the country's economy, creating an attractive environment for investing in financial services, developing the securities market of the Republic of Kazakhstan and ensuring its integration with international capital markets. As a regional financial hub, AIFC focuses on the Eurasian Economic Union, Central Eurasia and the Belt and Road Initiative. End </p>
2021-07-24
Primepress
EDB, AIFC to promote green finance in Belarus
MINSK, Jul 23 - PrimePress. The Eurasian Development Bank (EDB), the Astana International Financial Centre Authority (AIFCA), and the Ministry of Finance of Belarus have signed an agreement to promote green finance in Belarus using the AIFCA Green Finance Centre (a subsidiary of the AIFC Authority).
The parties have agreed to explore opportunities for cooperation on green finance projects, including sharing best practices and knowledge on investments in environmental and social projects.
“The agreement is important for the Eurasian Development Bank as it will contribute to a green agenda in the EAEU countries. We are glad to join our efforts in implementing joint projects in green finance and environmental protection,” said Amangeldy Issenov, Vice Chairman of the EDB Management Board. “As a leading development bank in the region, we would be interested in participating and assisting in the projects implemented by the AIFC and the Ministry of Finance of Belarus using our expertise and financial instruments.”
The Eurasian Development Bank (EDB) is an international financial institution promoting integration and development in its member countries. For 15 years, the EDB has worked to strengthen and broaden economic ties and foster comprehensive development in its member countries – Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, Russia, and Tajikistan. The EDB charter capital totals US $7 billion. The EDB’s portfolio mainly consists of projects with an integration effect in the areas of transport infrastructure, digitalisation, green energy, agriculture, industry, and mechanical engineering. The Bank adheres to the UN Sustainable Development Goals and ESG principles in its operations.
The Astana International Financial Centre (AIFC) was established in July 2018. The goal of the AIFC is to form a leading centre for international financial services. The objectives of the AIFC are to assist in attracting investments in the country's economy, creating an attractive environment for investing in financial services, developing the securities market of the Republic of Kazakhstan and ensuring its integration with international capital markets. As a regional financial hub, AIFC focuses on the Eurasian Economic Union, Central Eurasia and the Belt and Road Initiative. End