In this report, the voluntary criteria currently being used to define which bonds qualify as green are discussed. The growing global green bond market is further examined, as well as the Latin American and Caribbean green bond market, looking more closely at the region’s recent green bond issuances in local and international markets.
The 2030 Agenda and the Sustainable Development Goals present a unique opportunity to promote new instruments and innovative mechanisms for financing social and production development in Latin America and the Caribbean. “Green bonds” are an example of alternative financial instruments becoming increasingly available to investors. This report examines the growing green bond market, with emphasis on Latin America and the Caribbean.
In this report, the voluntary criteria currently being used to define which bonds qualify as green are discussed. The growing global green bond market is further examined, as well as the Latin American and Caribbean green bond market, looking more closely at the region’s recent green bond issuances in local and international markets. Some final thoughts on the role that bond markets may play in providing financing for the development challenges of the region are shared at some point in the document. The report also shows that between 2014 and 2017 (as of August 31), the region issued US$ 8.4 billion in bonds with a green focus in local and international markets.
