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.
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