IADB supports Lat Am green covereds, despite woes
The Inter-American Development Bank has published a report promoting the use of covered bonds as a funding tool for green developments in Latin America and the Caribbean. But it remains to be seen whether risk-averse covered bond investors are ready to take the plunge into emerging markets — particularly given regulatory hurdles in the swaps market.
Covered bonds feature widely in a report published this month by the IADB, entitled Transforming Green Bond Markets.Climate change threatens economies around the world, but especially in Latin America and the Caribbean, where increasingly frequent and intense climate events are posing higher risks to the region’s ...
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