Citigroup raises $ 40 billion for Asian clients to finance sustainability projects

Citigroup has raised the figure record $ 40 billion for Asian clients to finance sustainability projects for questyear, a 6-fold increase over 2020.

This is done in an effort to meet global goals and help companies reduce carbon emissions.

The bank noted that companies are now benefiting from cheaper financing by issuing green bonds and taking advantage of the growing demand for these products.

“Investments compliant with standard environmental, social and corporate governance are becoming more common, “the bank continued.

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