Colombia gets green light for ESG bonds

Colombia´s finance ministry said that it had taken the “first step to entering the bond market for sustainable development” after Congress approved the issue of thematic bonds. After a Senate debate that increased Baa2/BBB-/BBB- rated Colombia´s debt ceiling, finance minister Alberto Carrasquilla said that the government had received approval to issue green, social, bue, or sustainable bonds in line with international standards.

Source: Global Capital