Panama advances in sustainable finance through the issuance of thematic bonds


News from Panama / Friday, April 26th, 2024

The Latin American Stock Exchange (Latinex) together with the IDB Invest, seek to position Panama as a leader in sustainable finance in Latin America, and to this end it held a workshop to exchange experiences and learnings on “Thematic Bond Issues for Financial Institutions.”

This workshop not only brought together the country’s leading financial executives, but also laid the foundations for a new era of responsible investments committed to sustainable development.

The session, which addressed the challenges and opportunities of green, social bonds, which are linked to sustainability, was attended by approximately 25 experts from the financial sector.

Andrés Sánchez, Head for Latin America and the Caribbean of the Climate Bond Initiative, offered an updated view of the global and Latin American market in thematic bonds, while Víctor Fort, Capital Market Officer of IDB Invest, detailed the support available to institutions interested in these issues.

In this regard, Olga Cantillo, executive president of Latinex, indicated that at Latinex they have a high commitment to the development of sustainable finance, which they have incorporated into their operations, products and services.

“We are committed to leading the way towards a more sustainable and inclusive Panamanian capital market through various initiatives; the support of IDB Invest has allowed us to develop solid and up-to-date tools that contribute significantly to the advancement of sustainable finance in our region,” Cantillo said.

He stressed that with this initiative, Panama stands out as a pioneer in the integration of sustainability in the financial field, showing the world that commitment to economic development and environmental responsibility is not only possible, but imperative.

Leave a Reply

Your email address will not be published. Required fields are marked *