El Seminario Virtual fue realizado por la Bolsa de Comercio de Buenos Aires, MEXICO2 (plataforma Grupo BMV) y Carbon Trust
Buenos Aires, December 7, 2017.
The WEBINAR “Green Bonds in Argentina: Financing NDCs” was held today.
Topics that were treated:
Introduction made by Marcos Mancini of UNEP Inquiry, who explained what Sustainable Financing represents for the international community, the advances that have been made regarding this issue and how green bonds may help to transition to a lower carbon economy and more sustainable one.
Then Alejandra Cámara continued, as an adviser to the BCBA (Buenos Aires Stock Exchange), on issues of sustainable financing. She commented on the situation in Argentina with regard to green bonds. She also mentioned different types of projects and how this financial instrument could be used to fulfill the commitments (NDCs) Argentina has made under the Paris Agreement.
Alba Aguilar de Mexico2 (sustainable financing platform of the Mexican Stock Exchange) was responsible for developing and explaining in detail green bonds, their taxonomy, their characteristics, etc.
Then followed Jaime Buritica, of the Colombian development bank Bancoldex, who described the experience of issuing a green bond for the first time. He told us about learning steps and barriers they had to overcome. He also talked about the surprise they had in terms of fees, diversification of investors, etc.
The last to speak was Arturo Palacios from Carbon Trust, which is an English company that works (among other things) as a verifier of green bonds. He explained what is needed to pass a verification or a second opinion.
There were more than 80 participants: 55 were from Argentina and the rest from Uruguay, Colombia, Ecuador, Mexico, Costa Rica, Dominican Republic, England, USA etc.