Social bonds for a sustainable recovery
05/30/2020 Since 8 months

The economic recovery after the coronavirus crisis will require all possible efforts to mobilize public and private financial resources, in order to take off and recover adequate levels of economic activity and employment. Social bonds can contribute in this task, including the contribution towards sustainability and the achievement of the United Nations Sustainable Development Goals (SDGs).

Sustainable financing reached 226.9 billion euros in new green bond issues in 2019 according to Climate Bonds Initiative criteria, 49% above 2018. These financial assets make up the most visible part of sustainable financing. This figure would rise almost half a billion dollars adding issues that do not completely fulfill those criteria, while the cumulative gross volume of emissions until 2019 exceeded the billion-dollar mark for the first time.

Juan Carlos Villanueva
Secretary-General of the Spanish Observatory of Sustainable Financing (OFISO)

This post is also available in: Spanish

With support from the IDB Group, BDMG makes its debut on the international sustainable securities market
IDB Invest, a member of the IDB Group, announced the acquisition of a seven-year $50 million sustainable bond issued by Banco de Desenvolvimento de Minas Gerais S.A. (BDMG). The operation consolidates BDMG as the firs...
Since 4 weeks Read More
Costa Rica’s National Stock Exchange rewards companies that contribute to a sustainable capital market
Issuers, investors, Safis, stock exchanges, were part of the companies recognized with the BNV Sustainability Awards 2020. November 2020. The BNV Sustainability Awards are held for the second consecutive year. This ...
Since 2 months Read More
The State of Green Banks, a Global Movement in the Making
The State of Green Banks 2020 report was launched at the Finance in Common Summit on November 11th, during a panel titled "State of Green Banks 2020: a Global Movement in the Making." Around the world, a growing nu...
Since 2 months Read More