Global investment manager T. Rowe Price and World Bank Group member the International Finance Corporation (IFC) announced the launch of the T. Rowe Price Emerging Markets Blue Economy Bond Strategy (T. Rowe Price Blue), a new fund aimed at investing in companies supporting projects targeting sustainable water management and ocean preservation.
The strategy also aims to help catalyze the blue bond market, crowding in additional private capital at scale by demonstrating a viable investment model for blue bonds in emerging markets.
The new strategy, classified as Article 9 under the EU’s SFDR regulation,
