Pioneering Latin America's sustainable finance

As part of global efforts to curtail global warming, more than 20 states in Latin America have committed to climate pledges which entail significant cuts to emissions. In order to reach these goals, the region needs a huge amount of investment to decarbonise sectors such as energy and transport. To raise the necessary funds, an increasing number of states are turning to sustainable finance, which will constitute a key part of a climate-resilient future.

Latin America has become a global protagonist in the field, which has seen significant growth in recent years. Several Latin American countries have emerged as key innovators in sustainable finance through the development of Green, Social, Sustainability, and Sustainability-Linked Bonds (GSSSBs). These instruments are becoming an increasingly important part of global debt markets as nations look to fulfil their climate pledges under the Paris Agreement, as well as achieving the rest of the United Nations (UN) Sustainable Development Goals (SDGs). At the same time, GSSSBs allow climate-concerned investors to take environmental, social, and governance (ESG) considerations into account when making decisions about where to put their money.

Sections include...

  • Sustainable bonds so far
  • Chile: A trailblazer in sustainable finance
  • Future prospects for GSSSBs
  • Carbon pricing initiatives so far
  • Brazil: huge untapped potential
  • Future prospects for CPIs

Download the full paper to read on...

More recent canning papers

Becoming a member at Canning House

By joining Canning House, you will become part of the UK's leading forum for informed comment, contacts and debate on Latin American politics, economics and business.

Just £50 per year.

Join now

Learn more

Sign up to our newsletter

All of Canning House's activities, including our upcoming events, insightful publications, latest news, and featured events from the UK-Latin America community.

In your inbox, every week, for free.

Required
Required
Required