Browsing: SDG 14

DP World has issued a $100M blue bond, the first of its kind in the Middle East and North Africa (MENA) region, to fund initiatives supporting marine transportation, port infrastructure, reducing marine pollution, and promoting nature- and water-positive solutions. The five-year bond, priced at a 5.25% coupon rate, supports UN SDG 14 (Life Below Water) and SDG 6 (Clean Water and Sanitation), addressing the funding gap for these under-supported goals amidst growing global challenges like marine pollution and water scarcity.