Ministry of Finance of Chile announces its 2019 Green Bond Report
Since 4 weeks
This is the first report on Allocation and Environmental Impact of the green bonds issued in 2019. Sovereign bonds issued allowed Chile to be the first country in the Americas to issue debt titles in this category.
The report announced is framed under the compromise established by the “Green Bond Framework” (Framework). An international independent agency, specialized in research of environmental, social and governance issues, gave the Framework the highest assurance regarding the contribution of the bonds to sustainable development.
Post-issuance verification of the allocation of resources incoming from issuance made by Chile satisfactorily confirmed that resources were applied according to CBI standards. About 24.8% of total resources were already applied in a portfolio of investments. including transport infrastructure, renewable energy, green buildings and water management, at the national level and in projects being developed in the north of Chile.
The Development Bank of Minas Gerais (BDMG) is preparing to raise about $100 million in green bonds, with support from the Inter-American Development Bank (IDB)
The BDMG presents on Tuesday a framework, document that details the the scope of companies or projects that can be targeted for funding, a preview of the funding itself, which should be released in the coming months. ...
BNDES Energy Efficiency Fund will receive a contribution of R$30million from the Procel
Resources reduce the risk of default assumed by lenders FGEnergia should leverage with a guarantee R$ 200 million to projects in the country.
Rocky Mountain Institute partners with top banks to deliver new Center for Climate-Aligned Finance
Four of the world’s largest banks – Wells Fargo, Goldman Sachs, JPMorgan Chase, and Bank of America – have teamed up with leading US environmental non-profit The Rocky Mountain Institute (RMI) to launch a new Center f...