JA Kyosai Ren Invests in IFAD's First Climate Adaptation Bond
JA Kyosai Ren (National Cooperative Federation of Agricultural Mutual Aid Associations) invested the full amount of the IFAD's first Climate Adaptation Bond, 70 million USD (approximately 11.1 billion yen). The funds are intended to be used for sustainable development projects in rural areas of developing countries and for climate change adaptation measures for small-scale farmers.