Chile awarded for the issuance of $2.4 billion green bonds

The Spanish Observatory for Sustainable Financing (OFISO) awarded Chile for innovation in sustainable finance, being the first country in the Americas to issue sovereign green bonds for $ 2.4 billion in 2019 amid historically low interest and demand rates. Green bonds are a tool to channel investments that contribute to sustainable development, helping to reduce carbon emissions and a strong resilience to climate change.

Source: Diario Financiero

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