Promote and develop green bonds, or green bonds, in the markets of Brazil, China, India and Mexico. This is the objective of Strategic Alliance (STA), an initiative of German International Cooperation Agency (GIZ) It's from Bank Skandinaviska Enskilda (SEB) which as of this week gains a national partner: the Brazilian Business Council for Sustainable Development (CEBDS). This Thursday (15), the three organizations made the partnership official.
On Tuesday (13) and Wednesday (14) this week, CEBDS, GIZ and SEB held two workshops on titles seedes. With the signing of the Term of Understanding (MoU) on Thursday, the organizations strengthened ties and will carry out joint actions during 2017 aimed at implementing the national green bond market, guided by efficiency and sustainability. Workshops, lectures, technical training and consultancy are some of the activities planned.
Based on the exchange of experiences and knowledge, the partnership will work with financial institutions, companies and investors. The idea is to map the obstacles and provide a technical framework to encourage the market green bonds, taking as a starting point the good practices undertaken internationally and the cases Brazilians.
One of the partnership's actions will be to disseminate the Guide for Issuing Green Bonds, a pioneering publication launched by CEBDS in partnership with the Brazilian Federation of Banks (Febraban), which aims to guide participants and interested parties in the fixed income securities market in Brazil regarding the process of issuing bonds green bonds.
