CABEI Executive President, Dr. Dante Mossi stated that: "This new blue bond issuance follows CABEI's commitment to develop a more sustainable and resilient Central American region by financing projects that contribute to the UN Sustainable Development Goals through our Green and Blue Bond Framework".
"I am satisfied to see the overwhelming market demand for CABEI Blue Bonds less than a month after publishing our Blue Taxonomy. It is clear that these instruments are emerging as an innovative solution to mobilize capital and create sustainable business opportunities in ocean and freshwater conservation. This strong demand also demonstrates the strength and impact of our ESG projects that generate tangible benefits for both our borrowing member countries and our diversified investor base", said Mossi.
Considering this new blue bond placement, CABEI has executed a total of three (3) ESG transactions during the first two weeks of 2023 for an equivalent of US$233 million; with US$103 million coming from Japan. Japan represents 6% of CABEI's bond issuances, with an aggregate amount of US$868 million through a total of 14 bond placements since 2006.
Translated by: A.M