The issuance – for 350 billion Colombian Pesos (approximately US $ 115 million) – was fully acquired by the International Finance Corporation (IFC), a member of the World Bank Group, considered one of the main promoters of green finance globally. The proceeds will be directed to projects related to renewable energies and sustainable building.
Bancolombia first private Financial Institution in Latin America to issue a green bond
12/07/2016 Since 4 years
Environmental and Social Policy Framework
The ESPF sets ambitious new standards in several areas and provides IDB’s clients with leading-edge provisions to tackle environmental and social issues. It elevates respect for human rights to the core of environment...
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How to Invest for Impact in a Post-COVID World
The appetite for impact investing continues to grow, despite the pandemic. With more investors looking to invest sustainably, the industry is moving from “why” investing for impact is important, to “how” to embed impa...
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Treasury issues the first sustainable sovereign bond in the world linked to the SDG
Today Mexico becomes the first country in the world to issue a sustainable sovereign bond linked to the Sustainable Development Goals (SDG) for an amount of 750 million euros. With this issue, the Ministry of Finance...
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