The World Bank's Taxonomies for Sustainable Development Bonds

How are multilateral development banks leaning into sustainable finance? Listen to Jason Mitchell discuss with Heike Reichelt, Head of Investor Relations and Sustainable Finance at the World Bank Treasury, about what the World Bank is doing to drive socio-environmental impact; how multilateral development banks are reshaping their climate-related investments post-COP 26; and why it’s vital that programmes like the World Bank and IDA exist to support the development goals of middle- and lower-income countries.

Find the full transcript of this episode here: https://www.man.com/maninstitute/a-sustainable-future-podcast

Heike Reichelt is Head of Investor Relations and Sustainable Finance at the World Bank Treasury. Heike is responsible for managing relationships with bond investors, rating agencies and the financial media, and developing new bond products. She has more than 20 years of experience in finance – including with the World Bank Treasury's Reserves Advisory Management Program and at KfW, the German development bank. Heike was recognized for her role in building sustainable capital markets as the 2017 recipient of the prestigious Joan Bavaria Award.

The World Bank Treasury manages the funding programs for the World Bank--otherwise known as the International Bank for Reconstruction and Development or IBRD--and the International Development Association or IDA.