The International Finance Corporation (IFC) of the World Bank reported the placement of the first blue bond in Latin America by the private company, which took place in Ecuador through Banco Internacional.
The total issuance authorized by the corresponding control entities amounts to US$79 million.
“These resources will finance the loans that the bank offers to companies that contribute to the preservation of water resources, including the sustainable management of the aquaculture, fishing, and seafood value chain,” the report states.
The fishing and aquaculture sector represents 1.7% of Subscribe to our Premium Membership Plan. Already Subscribed? Login Here