IDB launches program to improve transparency of green bonds in Latin America

The goal is to boost investments through green bonds in the region at a time of growing financing needs in the face of the threat of climate change.

RIO DE JANEIRO, BRAZIL - The Inter-American Development Bank (IDB), and its private arm IDB Invest, launched Tuesday a tool to increase the "transparency" of the Latin American and Caribbean green bond market and with it the "confidence" to boost their use in the region.

"A greater degree of transparency is essential to increase the degree of investor confidence that Latin America and the Caribbean is making appropriate green investments," said Juan Antonio Ketterer, head of the IDB's Connectivity, Markets and Finance Division in a statement released by the agency.

Ketterer remarked that the goal is to boost investments . . .

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