BENEFICIARY NAME:

FIRA - Fideicomisos Instituidos en Relación con la Agricultura

COUNTRY: Mexico

SCOPE: RG-X1244-Support for the issuance of green bonds (Mexico – FIRA)

DESCRIPTION: The project consisted in supporting FIRA in its first green bond issue. IDB supported the development of a new methodology for evaluating the environmental benefits of protected agriculture in Mexico. This new methodology was validated by Sustainalytics in its Second Party Opinion and it is being validated by the Climate Bond Initiative to be adopted as a CBI standard. The issue was successfully accomplished in November 2018.

SECTOR: Green Bonds

PROGRAM: Green Bonds

PROJECT TYPE: Technical cooperation

OPERATION NUMBER: RG-X1244