June 14, 2022 |
Sales of green bonds by Latin American issuers fell in the first half of the year, dragged down by wider market effects from the war in Ukraine, high inflation and rising interest rates, representatives of the International Finance Corporation (IFC) and the National University of Colombia told LatinFinance.
"The green bond market is like other assets. If there is a war, it is affected. If there is inflation, it is affected. It behaves like any other financial market," said Carlos Serrano, IFC's
Green bond issues drop 35% in the first half of the year as market conditions make it difficult to find a "greenium," market watchers say