We announce the release of the “Latin America and Caribbean (LAC): State of The Market 2021” prepared by the Climate Bonds Initiative with the support of the BID and International Finance Corporation.

Growth of sustainable finance in the LAC region has continued on a triumphant path. The LAC sustainable debt market continued to soar throughout 2020 and 2021 across all main themes. Chile and Brazil are home to the largest Green, Social and Sustainability (GSS) bond markets in the region. Mexico is in third place. Together the top three countries make up 77% of all GSS issuance in the LAC region.