Colombia issues its first green bond in the local market for 200 billion pesos with the support of the IDB
08/09/2017 Since 3 years
Banco de Comercio Exterior de Colombia SA, Bancóldex, with the support of the Inter-American Development Bank (IDB), today issued the country’s first greenbond available through the Colombian Stock Exchange (BVC, Bolsa de Valores de Colombia) for 200 billion pesos to fund projects that help mitigate climate change impacts. The auction was 2-1/2 times oversubscribed, with a demand of 510 billion pesos.
This post is also available in:
Brazil to promote public-private partnerships for infrastructure projects with IDB support
Brazil will promote new models for private investment in infrastructure to boost service quality, the socio-environmental impact of investments, and economic growth and productivity with a $20 million loan approved by...
Chile is testing the markets to issue new green and social bonds
The funding will be in euros and the proceeds will go to finance sustainable initiatives and social programmes.
During 2020 countries and companies placed debt with the promise that the resources collected would go...
Green bond market expected to take off in Argentina
The Argentine thematic bond market is looking for its platform to take off in Argentina. This is a relatively new niche in the country and in the region that requires certification under international standards, and h...