Philippines, Aug. 29 -- In a strategic move that underscores both sustainability and financial innovation, the International Finance Corporation (IFC) and Ayala Land, Inc. (ALI) are expanding their partnership to scale green and resilient buildings in the Philippines while supporting job creation. IFC is providing a second sustainability-linked loan (SLL) of up to PHP12.87 billion (US$225 million equivalent) to ALI, marking another milestone in sustainable finance in the real estate sector.The loan will fund the development of Greenbelt 1 in Makati and Ayala Malls Evo City in Cavite, two large-scale commercial projects with an estimated gross leasable area of 89,000 square meters. In addition, IFC will collaborate with ALI to implement the ...