Blog IICA

ESG Sovereign Bonds (Chile)

Start Date: 02/03/2022
End Date: 29/12/2032

Description

Chile has issued Sustainability-Linked Bonds (SLBs) as part of its sustainable financing strategy. These bonds are linked to specific sustainability targets, including reducing greenhouse gas emissions, increasing non-conventional renewable energy generation, and improving women's representation on boards of directors. If Chile fails to meet the established targets, the bond coupon payments may increase. This initiative demonstrates Chile's commitment to sustainability and its leadership in the sovereign ESG financing space.

Action scope

National

Evaluated

Si

Stage

Implementation- Ongoing

Temporalidad

Long-term

Number of Years

10 - Year -s

Related elements

Budget in USD

Budget in USD
$80,309,998.00
Counterpart Budget
$0.00
Total Budget
$80,310,000.00
Annual Average Budget
$0.00
Financing Sources Financing Types
Government of Chile Public Debt

Institutions

Institutions Institutions rols
Ministry of the Environment of Chile Execution and operation
ME: Ministry of Energy (Chile) Monitoring and auditing
MH: Ministry of Finance (Chile) Monitoring and auditing
MH: Ministry of Finance (Chile) Monitoring and auditing
CMF: Financial Market Commission (Chile) Planning

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