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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
Sectors:
Countries:
Beneficiaries:
Instruments:
Resultados:
Policy frameworks:
Good practices:
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 |
|---|---|
| Ministerio del Medio Ambiente de Chile | Execution and operation |
| ME: Ministerio de Energía (Chile) | Monitoring and auditing |
| MH: Ministerio de Hacienda (Chile) | Monitoring and auditing |
| MH: Ministerio de Hacienda (Chile) | Monitoring and auditing |
| CMF: Comisión para el Mercado Financiero (Chile) | Planning |
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