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IFAD enters the SEK market, issuing 1 billion SEK sustainable bond to investors Skandia and Folksam
IFAD issued its first SEK club deal today, a strong indication of investors’ continued interest in IFAD. The lead investor Skandia, and Folksam, bought a seven-year one billion SEK sustainable bond to support IFAD in its mission to stimulate sustainable growth and inclusive development in rural areas of developing countries. Skandia led with a 900 million SEK investment, and Folksam complemented with 100 million SEK.
In rural China, greenhouses bring new life to the desert
Growing food is a challenge in the harsh desert landscape of northwestern China. But thanks to new greenhouses built by a local cooperative, this village is bursting with fruits, vegetables and mushrooms.