Each year, UN Climate Change recognizes some of the world’s best and brightest examples of global climate action. In 2019, IIX’s Women’s Livelihood Bond Series was awarded for creating the most innovative financial instrument to advance, along with AliPay, Apple, Impossible Foods, and other innovators addressing not only climate change, but also help drive forward progress on many other sustainable development goals. At the sidelines of in Madrid, UNFCCC held series of special events highlighting the awardees of the 2019 UN Global Climate Action Award. IIX’s Women’s Livelihood Bond was honored during the special event on “Financing for Climate-Friendly Investment” held on Dec 9, 2019.
Video Credit: UNFCCC Momentum for Change
IIX was one of the 15 winners of the 2019 UN Global Climate Action Award for our financial innovations towards climate action through the Women’s Livelihood Bond. Catch our Founder and CEO Durreen Shahnaz as she talks about how the Bond, is connecting private capital to underserved women across Asia in this new and groundbreaking way. For more information about the Women’s Livelihood Bond Series:
Impact Investment Exchange Asia (IIX), a leader in social sector development through impact investing, recently announced its Clinton Global Initiative (CGI) Commitment to Action on Women’s Impact Bond (WIB) at the 2014 CGI Annual Meeting.
The WIB will pool US$10 million into an investment vehicle that will support social enterprises and microfinance institutions working towards clean cook-stove initiatives. The WIB will be a publicly listed bond product on the Impact Exchange, the world’s first social stock exchange, allowing retail investors to participate in addition to traditional impact investors.