IDB Invest sets out to issue blue bonds

IDB Invest sets out to issue blue bonds

Bonds Debt International Financial Institutions IDB Invest Inter-American Development Bank (IDB) Fixed Income ESG Capital Markets Tourism Latin America Caribbean

IDB Invest, the private sector affiliate of the Inter-American Development Bank (IDB), plans to sell at least $100 million in so-called blue bonds to finance recovery efforts from the COVID-19 pandemic in Latin America and the Caribbean, according to press reports. IDB Invest CIO Gema Sacristán told Bloomberg on June 2 that the multilateral lender will issue the bonds to create a market to finance projects in the blue economy, including green port developments, tourism projects and fisheries. Ac

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