Last Friday (10), the Brazilian Business Council for Sustainable Development (CEBDS) launched the publication Green Bonds – Ecosystem, Issuance, Process and Regional Perspectives, the result of a partnership with Strategic Alliance, formed by the German cooperation agency, GIZ, and the Swedish bank SEB. The study was presented during the side event “The path to low-carbon development”, organized by CEBDS in Espaço Brasil, in COP23.
Aiming to present an overview of green bonds in the Brazilian context, the publication addresses the ecosystem in which this market has been developing, the main players involved, the issuance process, and the challenges of expanding this debenture in the country. The study is part of a global project coordinated by the alliance, of which CEBDS is a partner in Brazil.
At the event, GIZ's Climate and Green Finance Advisor, Alexander Linke, addressed the role of green bonds in achieving the goals of the Paris Agreement. "More than just financial instruments, bonds are a fundamental tool for making the financial system even greener," he emphasized. Furthermore, he emphasized the importance of mobilizing the business sector on this issue, citing the two workshops held in partnership with CEBDS in Brazil.
The publication launch event was attended by representatives from the Ministry of Foreign Affairs, Braskem, Grupo Boticário, Grupo Votorantim, Monsanto, CDP and GIZ.
