Finance

Ceylinco Life Invests Rs. 2 Billion as Anchor Investor in DFCC Bank’s First Green Bond

  • September 12, 2024

Ceylinco Life has announced its pioneering investment of Rs. 2 billion as the anchor investor in Sri Lanka’s first-ever Green Bond, issued by DFCC Bank. This landmark initiative, opening for subscription today, aims to raise up to Rs. 2.5 billion to fund solar photovoltaic (PV) power generation projects, including ground-mounted, floating, and rooftop solar facilities

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Business

MMA Partners with MTI Consulting for Maldives Green Finance Framework

  • July 31, 2024

The Maldives Monetary Authority (MMA), the central bank of the Maldives, has enlisted MTI Consulting, an international strategy consultancy, to develop a green finance framework. This initiative aims to identify sectors, sub-sectors, and activities that can be considered as green. MTI Consulting will take into account internationally adopted practices such as technical screening and principle-based

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