The second webinar of the Breaking Walls project took place this Thursday (19) and addressed the topic of Green Bonds – debt securities issued by companies and financial institutions to enable projects with a positive environmental impact. Aimed at finance professionals from companies associated with the Council, the event featured lectures by Cynthia Hobbs, CFO of CPFL Renováveis; Raphael Stein, Coordinator of the Environment Department at BNDES; and Laura Albuquerque, coordinator of the Thematic Chamber of Sustainable Finance (CTFin) at CEBDS.

Watch the full webinar on Green Bonds:

Laura Albuquerque introduced the discussion by presenting the Guide to Issuing Green Bonds in Brazil, produced by the CEBDS CTFin and the FEBRABAN Green Bonds Working Group. The publication was award-winning by Environmental Finance's Green Bond Awards 2017 as Initiative of the Year.

Cynthia Hobbs spoke about the experience of CPFL Renováveis, which, in March 2017, issued debentures worth R$1,400 million and was the first company in South America to obtain the Certified Climate Bond under the Wind Energy criterion by the Standards Council of the Climate Bonds.

Raphael Stein spoke about BNDES's role in the Green Bond market. In May of this year, the institution completed raising US$1 billion in Green Bonds, becoming the first Brazilian bank to issue them in the international market.

Breaking Walls
Through webinars, the Breaking Walls project, created by the CEBDS Thematic Chamber of Communication and Education (CTCom), aims to promote Sustainability concepts and practices within strategic areas of the companies associated with the Council.

O first webinar was held in August of this year and addressed the topic of Sustainable Purchasing.