Meanwhile, other event participants bemoan a peculiar market characteristic wherein companies choose short-cycle borrowings over long-term bonds even for long-term needs.
While multilateral agencies have long invested along ESG lines, the first green bond in Kazakhstan and private equity demand in Uzbekistan show that it is going mainstream.
Continued infrastructure investment from multilaterals, especially that linked to the training of women, is helping Tajikistan develop a future for tourism, but international investors remain wary to say the least.
Two of the world’s largest development lenders kick-start 2019 with a combined $95 million investment in AC Energy’s inaugural $410 million certified climate bond, listed on the Singapore exchange.