The sustainable bond investment program by Peru's Development Bank (Cofide) will boost the national capital market's growth,
"Not only does it represent progress in our sustainable development strategy, it also marks an important milestone in capital market evolution," he expressed at the green bonds presentation ceremony.
Similarly, Minister Arista said the objective is to strengthen Cofide as Peru's development bank and foster responsible financial practices aligned with environmental care.
Climate change
"We are all concerned about the environment and climate change," Arista remarked.
In that regard, the government official said this new orientation for Cofide, through the launch of said program, responds to societal interests.
"This program not only seeks to foster the issuance of sustainable bonds but also to strengthen the national capital market, as the main actor in attracting responsible investments, opening up spaces for more companies to come to our country with the possibility of accessing alternative financing," he asserted.
According to
Cofide, the program is expected to be initially valid this year and allow for investing up to US$150 million in issuances, whose investment operations meet the required characteristics.