Investment firm T. Rowe Price introduces Emerging Market Water Infrastructure Strategy
T. Rowe Price Introduces Blue Strategy for Sustainable Water Management and Ocean Preservation
T. Rowe Price, a global investment management firm, has taken a significant step in addressing the urgent need for sustainable water management and ocean preservation with the introduction of its new strategy, T. Rowe Price Blue.
According to Eric Veiel, Head of Global Investments and Chief Investment Officer at T. Rowe Price, the strategy's debut is a significant milestone, demonstrating the firm's commitment to managing innovative and impactful investment strategies. The strategy aims to mobilize essential capital to protect and sustain the world's precious water resources.
The strategy, jointly initiated with the International Finance Corporation (IFC), focuses on "Blue Economy" investments in emerging markets. This means it supports projects like water infrastructure, which are managed by Samy Muaddi and Matt Lawton.
With a total funding of more than US$200 million, the strategy is poised to make a substantial impact. The investment objectives have been aligned with specific water-related United Nations Sustainable Development Goals, further emphasizing its commitment to sustainable development.
The strategy's innovative and impactful nature has been highlighted by T. Rowe Price, as it focuses on sustainable water management and ocean preservation. The strategy aligns with specific water-related United Nations Sustainable Development Goals, making it a strategic move towards a more sustainable future.
This new strategy is a testament to T. Rowe Price's dedication to responsible investing and its commitment to making a positive impact on the world. The firm believes that by investing in projects that address critical global challenges, it can help create a more sustainable future for all.
Read also:
- Celebrated Title: Cheesemakers Blessed Upon
- Construction and renovation projects in Cham county granted €24.8 million focus on energy efficiency
- Threat looms over an ancient rock art site in Australia as the government prolongs the existence of a giant gas facility nearby
- Weekly proceedings in the Federal Diet (Bundestag)
