Group 1 - T. Rowe Price Group Inc. has secured financing from Lukas Walton's impact platform for a new corporate bond fund focused on water security and marine protection in emerging markets [1][2] - The fund aims to raise up to $500 million, with early investors including Builders Vision and Xylem Inc. contributing a total of $200 million [2] - The strategy, launched in collaboration with the International Finance Corporation, expects annual returns of up to 400 basis points above US Treasuries [3] Group 2 - Blue bonds, first issued by the World Bank in 2018, are designed to channel capital into projects addressing water pollution, overfishing, and climate change effects [4] - The launch of the fund is seen as a pivotal step in strengthening the blue economy, which aims to safeguard water resources and create jobs in emerging markets [5] - The market for blue bonds is currently valued at approximately $20 billion, with emerging-market issuers accounting for about 15% [6] Group 3 - There is potential for $2.5 billion in new emerging-market corporate blue bond issuance over the next 12 to 18 months [6] - Recent examples of emerging market companies issuing blue bonds include Cia de Saneamento Básico do Estado de São Paulo, which issued a $500 million bond priced at a yield of 5.7% [7]