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BDO CEO highlights blue bond impact at HK climate biz forum

𝐵𝐷𝑂 𝑈𝑛𝑖𝑏𝑎𝑛𝑘 𝑃𝑟𝑒𝑠𝑖𝑑𝑒𝑛𝑡 𝑎𝑛𝑑 𝐶𝐸𝑂 𝑁𝑒𝑠𝑡𝑜𝑟 𝑉. 𝑇𝑎𝑛, 𝑤𝑖𝑡ℎ 𝐼𝑛𝑡𝑒𝑟𝑛𝑎𝑡𝑖𝑜𝑛𝑎𝑙 𝐶𝑎𝑝𝑖𝑡𝑎𝑙 𝑀𝑎𝑟𝑘𝑒𝑡 𝐴𝑠𝑠𝑜𝑐𝑖𝑎𝑡𝑖𝑜𝑛 𝐶ℎ𝑖𝑒𝑓 𝑅𝑒𝑝𝑟𝑒𝑠𝑒𝑛𝑡𝑎𝑡𝑖𝑣𝑒 𝑓𝑜𝑟 𝐴𝑠𝑖𝑎 𝑃𝑎𝑐𝑖𝑓𝑖𝑐 𝑀𝑢𝑠ℎ𝑡𝑎𝑞 𝐾𝑎𝑝𝑎𝑠𝑖 𝑎𝑛𝑑 𝐵𝑁𝑃 𝑃𝑎𝑟𝑖𝑏𝑎𝑠 𝐻𝑒𝑎𝑑 𝑜𝑓 𝑆𝑢𝑠𝑡𝑎𝑖𝑛𝑎𝑏𝑙𝑒 𝐶𝑎𝑝𝑖𝑡𝑎𝑙 𝑀𝑎𝑟𝑘𝑒𝑡𝑠 𝑓𝑜𝑟 𝐴𝑠𝑖𝑎 𝑃𝑎𝑐𝑖𝑓𝑖𝑐 𝐶ℎ𝑎𝑜𝑛𝑖 𝐻𝑢𝑎𝑛𝑔, 𝑎𝑡 𝑡ℎ𝑒 𝐶𝑙𝑖𝑚𝑎𝑡𝑒 𝐵𝑢𝑠𝑖𝑛𝑒𝑠𝑠 𝐹𝑜𝑟𝑢𝑚 𝑖𝑛 𝐻𝑜𝑛𝑔 𝐾𝑜𝑛𝑔.

BDO Unibank Inc. (BDO) President and CEO Nestor V. Tan joined co-panelists from regional finance institutions at the recent Climate Business Forum: Asia Pacific, co-hosted by the Hong Kong Monetary Authority (HKMA) and the International Finance Corporation.

At the panel discussion on “Blue Finance: Opportunities for our Oceans and Water Sources,” Tan disclosed the impact of BDO’s USD100 million Blue Bond financing water and wastewater management projects in water stressed areas in the Philippines.

“Blue financing will work best in a country where many of the utilities are privatized and may be financed by banks. Ours is a modest initiative, but we have been seeing good results and impact,” Tan stated as he conveyed the highlights of the BDO Blue Bond Impact Report.

“Remaining true to BDO’s sustainability philosophy, we continue to integrate sustainability in everything that we do. We are committed to build a better and greener future for our stakeholders, clients and employees,” shared Tan.

The Climate Business Forum sought to find solutions for climate financing challenges in Asia Pacific and had over 400 participants, with senior decision makers in global business and finance sustainable finance, and new climate technologies in emerging and developing markets in the Asia Pacific.

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