The Inter-American Development Bank fosters issuance of green bonds in Latin America

IADB, the multilateral financial institution expects that LATAM countries might raise up to US$7.000 millions.

Gianleo Frisari, climate change economist of the IADB Group in Washington informed that this major regional lender is supporting seven countries in the region and other five borrowers, including public utilities and public banks, in structuring next year green bond issuances. Mexico, Peru, and Colombia are among the countries that have shown interest in these options or are already working in making them feasible.