In a statement to shareholders this Wednesday (11), Fibria, a company associated with CEBDS, announced the issuance of Green Bonds on the international market worth US$1.7 billion, maturing in 10 years.

According to the statement, the issuance is in line with the strategy of strengthening its cash position, considering the favorable market conditions. “The net proceeds obtained from the issuance of the bonds will be used for investments in projects with environmental benefits that contribute to achieving the company's long-term sustainability goals,” the company said.

Green Bonds

Green Bonds are Fixed Income Securities used to raise funds to implement or refinance projects or assets that have positive environmental or climate-related attributes. Because they finance long-term projects or assets, Green Bonds are an important alternative to stimulate and enable initiatives and technologies with positive environmental benefits in different types of organizations.

Last year, CEBDS launched the Guide for Issuing Green Bonds in Brazil 2016, in partnership with the Brazilian Federation of Banks (FEBRABAN), to guide participants and interested parties in the Brazilian fixed income market in relation to the process of issuing these securities.

In addition to the launch, CEBDS also entered into a partnership with the German Agency for International Cooperation (GIZ) and the Skandinaviska Enskilda Bank to carry out workshops on the structuring of the Green Bond market in Brazil, new training sessions will be held throughout 2017.