The Brazilian Business Council for Sustainable Development (CEBDS) and the Brazilian Federation of Banks (Febraban) recently launched the Guide for Issuing Green Bonds in Brazil.
The document was created in partnership with Sitawi Finanças do Bem and had the collaboration of the Center for Sustainability Studies of the Getúlio Vargas Foundation (GVces/FGV-EAESP).
The purpose of the material is to provide guidance on the process of issuing green bonds – also called green bonds – in Brazil. Market specificities, development potential and procedures for qualifying projects in relation to the topic are also addressed in the document.
In this post, find a summary of the main points of the study. Check it out!
About the Guide
The guide contains a step-by-step guide for companies and institutions interested in issuing green bonds. The document covers all stages of the process and also provides examples of the possible types of issuance.
It can be divided into six parts:
- – Pre-issuance;
- – Emission;
- – Post-issuance;
- – Green bond issuance models;
- – Market potential;
- – International trends.
At the end of the document, you will also have access to a complete glossary, explaining the most important terms and concepts related to the subject. You can even check the structure of the issuance offer.
After reading this, you will have a practical overview of the steps and procedures required to issue green bonds. The know-how of the institutions that produced the guide makes the material an excellent reference for taking your first steps in relation to green bonds.
Market analysis and risk assessment
The study shows that if you are interested in issuing a green bond or considering making this investment, it is essential to study the market first. Consider and check the conditions and trends and get the answers to at least two questions:
- – What is the market, currency and term of the financing;
- – Who are the target investors?
A risk assessment is also decisive. All impacts on environmental, social and governance aspects must be analyzed by the interested company. These are factors that will be very relevant for the completion of the issuance process.
List of green bond financing projects
You can also check the full list of eligible project activities that can be financed from green bonds. This way, you can find out if the activities your company intends to finance from the green bonds are relevant or adequate.
- – Ultimately, the idea is to give you all the information you need to:
- – Check whether your company’s financing project with issuance is viable;
- – Proceed to start the procedure;
- – Prepare your company to assess social, environmental and governance impacts;
- – Act after the issuance of green bonds.
If you want to know even more information about green bonds in Brazil, read this content on our blog. And, of course: download our Guide to Issuing Green Bonds right now! It's free!
