MANILA, Philippines — The International Finance Corp. (IFC) is providing a second sustainability-linked loan of up to P12.87 billion ($225 million equivalent) to Ayala Land Inc. (ALI).  This fresh support from the private sector arm of the World Bank Group bolsters sustainable finance in the Philippine real estate sector. READ: World Bank to finance $23B to support gov’t programs for 2025 to 2031 The loan will fund the development of Greenbelt 1 in Makati City and Ayala Malls Evo City in Cavite. These  are two large-scale commercial projects with an estimated gross leasable area of 89,000 square meters. READ: BIZ […]... Keep on reading: Ayala Land gets fresh IFC loan to develop sustainable malls