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Fonplata drafts sustainable debt framework

Fonplata drafts sustainable debt framework

February 16, 2022 | Hernán Goicochea
Regional development bank establishes guidelines to raise debt for renewable energy, electric vehicles, clean water and SME loans

Corporate & Sovereign Strategy International Financial Institutions Bonds Debt Fixed Income Capital Markets ESG Green Bonds Social Bonds Sustainability-Linked Andean Latin America

Fonplata, the regional development bank for the Río de la Plata basin in South America, has published a sustainable debt framework to provide guidelines for issuing bonds for environmental, social and governance (ESG) projects, it said in a press release on Monday. The framework follows the standards of the International Capital Market Association (IMCA) and sets up Fonplata to issue green, social and sustainable bonds to finance projects like renewable energy, electric vehicles, clean drinking

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