Having a sustainable impact is not limited to the creation of financial instruments by issuers and/or investors. The market also requires transparency, robust standards, and technical capabilities.
If a green bond offers similar flows and risk as a conventional bond, its positive impact can make it more attractive. Although Peru started later than other countries with this trend, its market has taken off quickly.
The region may be one of the pillars of the energy transition, but it is also highly vulnerable to climate change.
Only 23% of global GHG emissions are covered by some mechanism to incentivize their reduction.
Financing for sustainable purposes continues to grow, and Chile is actively participating in this market.