Green Bonds

The issuance of Green Bonds is growing year by year worldwide and has thus become an effective mechanism for financing climate change mitigation and adaptation projects. An opportunity has been found for the development and structuring of a green bonds market in this country based on the analysis carried out for the Climate Finance Strategy Framework in Colombia. In addition, several financial institutions are already evaluating the viability of structuring and issuing Green Bonds for financing and re-financing environmental, climate change and sustainable projects. In this context, the Climate Finance Committee of SISCLIMA, E3, PwC and Metrix are collaborating to evaluate the present bonds market in Colombia, to assess the potential of the financial market to promote it and to develop a roadmap for the development and implementation of a green bonds market in Colombia that would involve the public, entrepreneurial and financial sectors.