To make the transition to a sustainable economy in countries such as Guatemala, the correct channeling of resources to projects that are sustainable and profitable is needed. These investments will be essential to promote and strengthen sectors or companies that focus exclusively on this transition.
In this sense, the creation of green bonds by the World Bank, which, by the way, recently celebrated its 10th anniversary, have become valuable fixed income financial instruments where the resources generated are invested exclusively in green projects that generate climate and other environmental benefits.
The green bond growth market has taken off in recent years. Back in 2013, the issuance reached a contribution of USD$11 billion. As of 2014 it reached more than USD$36, billion and is currently believed to be around USD$250 billion.
In the case of the Central American region, Corporación Multi Inversiones made a historic issuance of almost US$1 billion that was purchased in record time. CMI is the corporation leading these projects in the region. The record placement and purchase of these bonds affirms that there are a large number of investors eagerly waiting to invest in these types of projects that improve the environment.
No doubt CMI’s reputation and the success of the green bond issuance will further expand the investment climate to more green projects. It will also attract more multinational companies that wish to invest in Guatemala and thus generate more employment and development.
It is to be applauded the vision of a company like Corporación Multi Inversiones that acts in accordance with its principles to bring more than development to the countries where it operates and seeks to generate wealth with ambitious projects that improve our environment.
