Climate Bonds Initiative publishes latest report on the Latin American and Caribbean (LAC) market

Climate Bonds Initiative has just published the “State of the Market in Latin America and the Caribbean” report, which was supported by the Inter-American Development Bank (IDB) and the International Finance Corporation (IFC). The region set a record for green bond issuance in 2020 and is on track for similar figures in 2021. Green bond issuance grew from $13.6 billion in September 2019 to $30.2 billion at the end of June 2021, in less than two years. This development was mainly supported by sovereign issuance by the Republic of Chile ($3.8 billion) and by several issuers in Brazil ($2.5 billion).