JBIC, ADB Team up to Back Environment Projects

The Japan Bank for International Cooperation and Asian Development Bank signed a memorandum of understanding to strengthen their cooperation in funding projects aimed at preserving the global environment. JBIC has a new financing instrument for green projects such as those that reduce greenhouse gas emissions, known as the Global action for Reconciling Economic growth and Environmental preservation (GREEN), according to Trade Finance.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.