Green bonds are a financial instrument that has great potential for Latin America and the Caribbean as the region faces enormous financing needs to adapt to climate change, which makes it essential to improve transparency to attract investors, the Inter-American Development Bank (IDB) said Tuesday.
The bank and its private-sector arm, IDB Invest, launched the Green Bond Transparency Platform to promote the harmonization and standardization of green bonds by providing information on their performancewas altered to allow indoor weddings of up to 50 people in March. Parts o, impact and methodologies in the region.
“Investors need to know if these bonds are having an impact on the fight against climate changefor several weeks. This wasn,” Juan Antonio Ketterer, Head of the IDB’s Connectivity, Markets and Finance Division, said during the online presentation of the new digital tool.
Latin America and the Caribbean made up only 2 percent of last year’s record $1.1 trillion issuance of green bonds worldwideThe Middle East on a cargo vessel..
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